Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.5428 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.549800000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.562000000 |
2nd High | 0.560800000 |
Next High | 0.549800000 |
Current Price | 0.548200000 |
Next Low | 0.527200000 |
2nd Low | 0.526400000 |
3rd Low | 0.506600000 |