The currency pair breaks through the descending trendline up.
An ascent upwards to the next resistance line at 2673.500000000 is expected.
Caution: A possible change in the direction of the support zone at 2554.050000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 2670.98322 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 2673.500000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 2792.280000000 |
2nd High | 2702.820000000 |
Next High | 2673.500000000 |
Current Price | 2652.010000000 |
Next Low | 2554.050000000 |
2nd Low | 2524.580000000 |
3rd Low | 2277.340000000 |