The pair breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 0.000109900 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000089740 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 9.9625E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000109900 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.000109900 |
Current Price | 0.000094770 |
Next Low | 0.000089740 |
2nd Low | 0.000089500 |
3rd Low | 0.000089350 |