The currency pair goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.562000000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.539700000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.54975 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.562000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.634200000 |
2nd High | 0.627400000 |
Next High | 0.562000000 |
Current Price | 0.545600000 |
Next Low | 0.539700000 |
2nd Low | 0.537500000 |
3rd Low | 0.536700000 |