Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.2892736 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.2909 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.2911 |
| Next High | 0.2909 |
| Current Price | 0.288000000 |
| Next Low | 0.2836 |
| 2nd Low | 0.2833 |
| 3rd Low | 0.2824 |
0.2865 – 0.2909 – 0.2873 – 0.2836 – 0.2843 – 0.2858 —
0.285900000 – 0.287500000 —
50.067030946026 – 61.433122522507 —
– —
0.2865 – 1773108000