The currency pair breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 159.730000000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 153.450000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 157.5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 159.730000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 162.000000000 |
2nd High | 161.780000000 |
Next High | 159.730000000 |
Current Price | 158.910000000 |
Next Low | 153.450000000 |
2nd Low | 152.140000000 |
3rd Low | 147.660000000 |