Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 85 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 85.000000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 85.000000000 |
Current Price | 81.380000000 |
Next Low | 73.160000000 |
2nd Low | 71.860000000 |
3rd Low | 68.000000000 |