The currency pair breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.006137000 will persist.
Caution: A possible trend reversal in the direction of support at 0.005790000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0062125 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.006137000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006635000 |
2nd High | 0.006449000 |
Next High | 0.006137000 |
Current Price | 0.006091000 |
Next Low | 0.005790000 |
2nd Low | 0.005686000 |
3rd Low | 0.005591000 |