Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2.4 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 2.405 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.469 |
| 2nd High | 2.433 |
| Next High | 2.405 |
| Current Price | 2.406000000 |
| Next Low | 2.34 |
| 2nd Low | 2.328 |
| 3rd Low | 2.316 |
2.37 – 2.385 – 2.347 – 2.34 – 2.328 – 2.316 —
2.352000000 – 2.406000000 —
46.023718953923 – 65.062589285557 —
– —
2.37 – 1777795200