The pair goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 4.076000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 3.989000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 4.0615 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 4.076000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.150000000 |
2nd High | 4.077000000 |
Next High | 4.076000000 |
Current Price | 4.024000000 |
Next Low | 3.989000000 |
2nd Low | 3.951000000 |
3rd Low | 3.929000000 |