The pair jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 64.350000000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 62.100000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 65.19532 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 64.350000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 67.000000000 |
2nd High | 66.760000000 |
Next High | 64.350000000 |
Current Price | 63.890000000 |
Next Low | 62.100000000 |
2nd Low | 61.520000000 |
3rd Low | 60.130000000 |