The currency pair goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.593400000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.580300000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.5854704 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.593400000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.600300000 |
2nd High | 0.599200000 |
Next High | 0.593400000 |
Current Price | 0.580600000 |
Next Low | 0.580300000 |
2nd Low | 0.564600000 |
3rd Low | 0.559800000 |