Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 76.19 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 76.190000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 76.190000000 |
Current Price | 74.490000000 |
Next Low | 64.450000000 |
2nd Low | 63.220000000 |
3rd Low | 61.920000000 |