The combination breaks through the descending trendline up.
A bullish ascent up to the next resistance at 0.363900000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.329400000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.3544892 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.363900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.369200000 |
2nd High | 0.364000000 |
Next High | 0.363900000 |
Current Price | 0.358400000 |
Next Low | 0.329400000 |
2nd Low | 0.323700000 |
3rd Low | 0.314100000 |