Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 1.267 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.259 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.327 |
| 2nd High | 1.275 |
| Next High | 1.259 |
| Current Price | 1.238000000 |
| Next Low | 1.179 |
| 2nd Low | 1.147 |
| 3rd Low | 1.101 |
1.259 – 1.275 – 1.327 – 1.179 – 1.21 – 1.212 —
1.217000000 – 1.250000000 —
49.160056279408 – 50.195879462204 —
– —
1.259 – 1777449600