Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 9.682E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.000096820 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000109900 |
2nd High | 0.000101640 |
Next High | 0.000096820 |
Current Price | 0.000095660 |
Next Low | 0.000091500 |
2nd Low | 0.000089540 |
3rd Low | 0.000089230 |