The combination breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.404200000 will persist.
Caution: A possible change in the direction of the support level at 0.351400000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.3784 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.404200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.414100000 |
2nd High | 0.404300000 |
Next High | 0.404200000 |
Current Price | 0.391200000 |
Next Low | 0.351400000 |
2nd Low | 0.328700000 |
3rd Low | 0.323700000 |