The currency pair jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 158.440000000 will continue.
Caution: A possible change in the direction of the support line at 144.450000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 155.13836 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 158.440000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 162.000000000 |
2nd High | 161.780000000 |
Next High | 158.440000000 |
Current Price | 153.290000000 |
Next Low | 144.450000000 |
2nd Low | 135.520000000 |
3rd Low | 127.070000000 |