The currency pair moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 3.931000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 3.824000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 3.919 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 3.931000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 3.996000000 |
2nd High | 3.949000000 |
Next High | 3.931000000 |
Current Price | 3.927000000 |
Next Low | 3.824000000 |
2nd Low | 3.679000000 |
3rd Low | 3.665000000 |