The currency pair breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 29.620000000 will persist.
Caution: A possible counter-trend in the direction of support at 27.830000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 28.46 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 29.620000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 29.870000000 |
2nd High | 29.750000000 |
Next High | 29.620000000 |
Current Price | 28.760000000 |
Next Low | 27.830000000 |
2nd Low | 27.760000000 |
3rd Low | 27.710000000 |