Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.008427 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.009180000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010280000 |
2nd High | 0.009473000 |
Next High | 0.009180000 |
Current Price | 0.008721000 |
Next Low | 0.006731000 |
2nd Low | 0.005957000 |
3rd Low | 0.005677000 |