The currency pair breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 157.380000000 is likely expected.
Caution: A possible counter-trend in the direction of support at 153.740000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 157.76 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 157.380000000 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 162.000000000 |
2nd High | 161.780000000 |
Next High | 157.380000000 |
Current Price | 156.720000000 |
Next Low | 153.740000000 |
2nd Low | 146.570000000 |
3rd Low | 144.160000000 |