Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.355 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.327 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.361 |
| 2nd High | 1.355 |
| Next High | 1.327 |
| Current Price | 1.378000000 |
| Next Low | 1.197 |
| 2nd Low | 1.179 |
| 3rd Low | 1.147 |
1.259 – 1.275 – 1.327 – 1.197 – 1.179 – 1.21 —
1.325000000 – 1.315000000 —
69.576711783979 – 56.626481054371 —
– —
1.259 – 1777449600