The pair breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 158.530000000 is certain.
Caution: A possible change in the direction of the support level at 155.630000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 157.64 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 158.530000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 161.430000000 |
2nd High | 159.430000000 |
Next High | 158.530000000 |
Current Price | 156.470000000 |
Next Low | 155.630000000 |
2nd Low | 155.000000000 |
3rd Low | 153.850000000 |