There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 1.065 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.065 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.303 |
| 2nd High | 1.125 |
| Next High | 1.065 |
| Current Price | 1.050000000 |
| Next Low | 0.959 |
| 2nd Low | 0.947 |
| 3rd Low | 0.94 |
1.065 – 1.021 – 1.048 – 0.959 – 0.947 – 0.94 —
1.024000000 – 1.035000000 —
56.711106279255 – 56.127257561648 —
– —
1.065 – 1778054400