Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
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 652.4012 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 665.42 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 669.65 |
| 2nd High | 666.16 |
| Next High | 665.42 |
| Current Price | 646.550000000 |
| Next Low | 607.86 |
| 2nd Low | 588.64 |
| 3rd Low | 577.06 |
624.27 – 665.42 – 666.16 – 607.86 – 626.2 – 621 —
646.160000000 – 643.790000000 —
63.992517967174 – 50.385017252579 —
– —
624.27 – 1772964000