The combination breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 1.63208 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.61096 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64597 |
2nd High | 1.64295 |
Next High | 1.63208 |
Current Price | 1.62588 |
Next Low | 1.61096 |
2nd Low | 1.61029 |
3rd Low | 1.60989 |