The combination breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 100.70200 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 100.02300 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 100.721 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 100.70200 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 100.94700 |
2nd High | 100.72100 |
Next High | 100.70200 |
Current Price | 100.60300 |
Next Low | 100.02300 |
2nd Low | 100.00500 |
3rd Low | 99.85500 |