The currency pair breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.008899000 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.008343000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0089735 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.008899000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.009384000 |
2nd High | 0.009114000 |
Next High | 0.008899000 |
Current Price | 0.008814000 |
Next Low | 0.008343000 |
2nd Low | 0.007451000 |
3rd Low | 0.007025000 |