The pair goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.593000000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.576300000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.5945 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.593000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.599200000 |
2nd High | 0.594500000 |
Next High | 0.593000000 |
Current Price | 0.587300000 |
Next Low | 0.576300000 |
2nd Low | 0.562000000 |
3rd Low | 0.559800000 |