Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 7.904 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 8.011 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.017 |
| 2nd High | 8.015 |
| Next High | 8.011 |
| Current Price | 7.963000000 |
| Next Low | 7.824 |
| 2nd Low | 7.764 |
| 3rd Low | 7.753 |
8.011 – 8.015 – 8.017 – 7.898 – 7.824 – 7.764 —
7.994000000 – 7.837000000 —
50.389439674139 – 28.890285418643 —
– —
8.011 – 1782036000