The pair goes from the descending trendline upwards
An ascent upwards to the next resistance line at 0.000007420 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.000007080 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 7.24172E-6 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.000007420 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000007830 |
2nd High | 0.000007650 |
Next High | 0.000007420 |
Current Price | 0.000007120 |
Next Low | 0.000007080 |
2nd Low | 0.000007060 |
3rd Low | 0.000006970 |