Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.9435 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.939 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.008 |
| 2nd High | 0.989 |
| Next High | 0.939 |
| Current Price | 0.931000000 |
| Next Low | 0.918 |
| 2nd Low | 0.898 |
| 3rd Low | 0.897 |
0.939 – 0.938 – 0.939 – 0.918 – 0.898 – 0.906 —
0.935000000 – 0.929000000 —
56.061298472479 – 41.85153278695 —
– —
0.939 – 1771279200