The pair breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 1.09363 is certain.
Caution: A possible trend reversal in the direction of the support line at 1.08892 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-Level.Continuation of the current ascending trend is certain. Current target is 1.09142 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 1.09363 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09535 |
2nd High | 1.09523 |
Next High | 1.09363 |
Current Price | 1.09336 |
Next Low | 1.08892 |
2nd Low | 1.08721 |
3rd Low | 1.08316 |