The pair breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.63192 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.62329 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64295 |
2nd High | 1.63530 |
Next High | 1.63192 |
Current Price | 1.62892 |
Next Low | 1.62329 |
2nd Low | 1.62181 |
3rd Low | 1.61973 |