The currency pair breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 0.000010120 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.000008090 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 1.012E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000010120 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000010940 |
2nd High | 0.000010360 |
Next High | 0.000010120 |
Current Price | 0.000009890 |
Next Low | 0.000008090 |
2nd Low | 0.000007950 |
3rd Low | 0.000007730 |