Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.00328992 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.0034 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00415 |
| 2nd High | 0.00384 |
| Next High | 0.0034 |
| Current Price | 0.003170000 |
| Next Low | 0.00287 |
| 2nd Low | 0.00277 |
| 3rd Low | 0.00268 |
0.0034 – 0.00384 – 0.00334 – 0.00315 – 0.00325 – 0.00312 —
0.003130000 – 0.003220000 —
34.562528186344 – 41.240877110577 —
– —
0.0034 – 1777435200