The pair goes from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 73.960000000 will persist.
Caution: A possible change in the direction of the support level at 71.580000000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 74.620000000 |
2nd High | 74.380000000 |
Next High | 73.960000000 |
Current Price | 73.130000000 |
Next Low | 71.580000000 |
2nd Low | 71.080000000 |
3rd Low | 70.640000000 |