Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 77.63 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 78.010000000 |
Next Low | 71.580000000 |
2nd Low | 71.080000000 |
3rd Low | 70.640000000 |