The currency pair moves from the bearish trendline upwards
The bullish trend up to the next resistance level at 0.000019860 is certain.
Caution: A possible counter-trend in the direction of support at 0.000018350 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 1.883144E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000019860 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000020390 |
2nd High | 0.000019880 |
Next High | 0.000019860 |
Current Price | 0.000018480 |
Next Low | 0.000018350 |
2nd Low | 0.000014900 |
3rd Low | 0.000014720 |