The currency pair jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.006948000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.006275000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
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 0.006648044 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.006948000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008015000 |
2nd High | 0.007564000 |
Next High | 0.006948000 |
Current Price | 0.006413000 |
Next Low | 0.006275000 |
2nd Low | 0.006113000 |
3rd Low | 0.005677000 |