The currency pair breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at is expected.
Caution: A possible change in the direction of the support zone at 164.130000000 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-Level.Continuation of the current ascending trend is expected. Current target is 171.07 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 172.940000000 |
Next Low | 164.130000000 |
2nd Low | 163.530000000 |
3rd Low | 160.990000000 |