And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00057 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.00057 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0007 |
| 2nd High | 0.00066 |
| Next High | 0.00057 |
| Current Price | 0.000555000 |
| Next Low | 0.00051 |
| 2nd Low | 0.00048 |
| 3rd Low | 0.00041 |
0.00057 – 0.00054 – 0.00054 – 0.00051 – 0.00048 – 0.0005 —
0.000538000 – 0.000555000 —
45.53218585473 – 61.719091552962 —
– —
0.00057 – 1777748400