Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.4587 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.458700000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.458700000 |
Current Price | 0.440500000 |
Next Low | 0.427200000 |
2nd Low | 0.365700000 |
3rd Low | 0.351400000 |