The pair breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.006392000 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.005953000 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 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.006263172 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.006392000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006456000 |
2nd High | 0.006449000 |
Next High | 0.006392000 |
Current Price | 0.006272000 |
Next Low | 0.005953000 |
2nd Low | 0.005929000 |
3rd Low | 0.005790000 |