The pair breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 1.51387 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.50940 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51756 |
2nd High | 1.51587 |
Next High | 1.51387 |
Current Price | 1.51398 |
Next Low | 1.50940 |
2nd Low | 1.50410 |
3rd Low | 1.50364 |