In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Current target is 0.07983952 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 0.08509 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.08789 |
| 2nd High | 0.08657 |
| Next High | 0.08509 |
| Current Price | 0.078990000 |
| Next Low | 0.07841 |
| 2nd Low | |
| 3rd Low |
0.08509 – 0.08426 – 0.08378 – 0.07841 – 0.08214 – 0.08276 —
0.079640000 – 0.079050000 —
35.648019916774 – 30.166167830567 —
– —
0.08509 – 1782136800