The pair goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 69.420000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 66.530000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 67.56 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 69.420000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 71.450000000 |
2nd High | 69.970000000 |
Next High | 69.420000000 |
Current Price | 68.260000000 |
Next Low | 66.530000000 |
2nd Low | 64.820000000 |
3rd Low | 64.330000000 |