Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.045065 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.04579 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.04731 |
| 2nd High | 0.04616 |
| Next High | 0.04579 |
| Current Price | 0.044760000 |
| Next Low | 0.04451 |
| 2nd Low | 0.04434 |
| 3rd Low | 0.0435 |
0.04579 – 0.04551 – 0.04548 – 0.04451 – 0.04504 – 0.04464 —
0.044950000 – 0.044980000 —
42.577671407576 – 40.451976638783 —
– —
0.04579 – 1781364600