Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.00051284 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.00054 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00066 |
| 2nd High | 0.00056 |
| Next High | 0.00054 |
| Current Price | 0.000509000 |
| Next Low | 0.0005 |
| 2nd Low | 0.00048 |
| 3rd Low | 0.00041 |
0.00054 – 0.00053 – 0.00056 – 0.0005 – 0.0005 – 0.00052 —
0.000531000 – 0.000507000 —
38.871136048636 – 38.282261673144 —
– —
0.00054 – 1777258800