The pair jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 4.263000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 4.086000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 4.225122 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 4.263000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.272000000 |
Next High | 4.263000000 |
Current Price | 4.256000000 |
Next Low | 4.086000000 |
2nd Low | 3.962000000 |
3rd Low | 3.951000000 |