The currency pair breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.631000000 will continue.
Caution: A possible change in the direction of the support line at 0.584000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.5972 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.631000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.643400000 |
Next High | 0.631000000 |
Current Price | 0.619100000 |
Next Low | 0.584000000 |
2nd Low | 0.573900000 |
3rd Low | 0.562000000 |