The currency pair jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 4.193000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 4.097000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 4.199974 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 4.193000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.234000000 |
2nd High | 4.212000000 |
Next High | 4.193000000 |
Current Price | 4.177000000 |
Next Low | 4.097000000 |
2nd Low | 4.075000000 |
3rd Low | 3.989000000 |