The combination breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.404300000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.392200000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.4141 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.404300000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.414100000 |
Next High | 0.404300000 |
Current Price | 0.400400000 |
Next Low | 0.392200000 |
2nd Low | 0.377900000 |
3rd Low | 0.342700000 |