Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
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 0.6805 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.696 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.785 |
| 2nd High | 0.716 |
| Next High | 0.696 |
| Current Price | 0.667000000 |
| Next Low | 0.645 |
| 2nd Low | 0.636 |
| 3rd Low | 0.633 |
0.696 – 0.716 – 0.69 – 0.661 – 0.677 – 0.645 —
0.686000000 – 0.662000000 —
49.70772966665 – 31.282233033798 —
– —
0.696 – 1781598900