The currency pair breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 5.100000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 4.233000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 5.100000000 |
Current Price | 4.847000000 |
Next Low | 4.233000000 |
2nd Low | 3.973000000 |
3rd Low | 3.868000000 |