The combination jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.562000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.541900000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.54935 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.562000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.634200000 |
2nd High | 0.627400000 |
Next High | 0.562000000 |
Current Price | 0.545500000 |
Next Low | 0.541900000 |
2nd Low | 0.537500000 |
3rd Low | 0.536700000 |