The currency pair moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 72.640000000 is likely expected.
Caution: A possible counter-trend in the direction of support at 70.170000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 72.64 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 72.640000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 74.380000000 |
2nd High | 72.730000000 |
Next High | 72.640000000 |
Current Price | 71.140000000 |
Next Low | 70.170000000 |
2nd Low | 69.880000000 |
3rd Low | 69.030000000 |