The pair breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 4.563000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 4.086000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.964000000 |
2nd High | 4.858000000 |
Next High | 4.563000000 |
Current Price | 4.355000000 |
Next Low | 4.086000000 |
2nd Low | 3.962000000 |
3rd Low | 3.951000000 |