The currency pair moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.560800000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.536600000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.5487 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.560800000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.627400000 |
2nd High | 0.562000000 |
Next High | 0.560800000 |
Current Price | 0.546100000 |
Next Low | 0.536600000 |
2nd Low | 0.531500000 |
3rd Low | 0.525200000 |