Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 9.38 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 9.38 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.57 |
| 2nd High | 9.45 |
| Next High | 9.38 |
| Current Price | 9.300000000 |
| Next Low | 9.09 |
| 2nd Low | 8.99 |
| 3rd Low | 8.97 |
9.38 – 9.13 – 9.25 – 9.09 – 8.99 – 8.97 —
9.250000000 – 9.300000000 —
53.674365935773 – 57.444834375808 —
– —
9.38 – 1777867200