The currency pair moves from the descending trendline upwards
An ascending movement up to the next resistance at 0.000011450 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.000010350 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 1.065916E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000011450 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000011970 |
2nd High | 0.000011660 |
Next High | 0.000011450 |
Current Price | 0.000010530 |
Next Low | 0.000010350 |
2nd Low | 0.000008220 |
3rd Low | 0.000007950 |