The pair moves from the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.000009950 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.000008800 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 9.90016E-6 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000009950 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000010240 |
2nd High | 0.000010050 |
Next High | 0.000009950 |
Current Price | 0.000009650 |
Next Low | 0.000008800 |
2nd Low | 0.000008330 |
3rd Low | 0.000008220 |