Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.93813 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.94207 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94374 |
2nd High | 0.94369 |
Next High | 0.94207 |
Current Price | 0.93936 |
Next Low | 0.93363 |
2nd Low | 0.93329 |
3rd Low | 0.93256 |
0.93493 – 0.93799 – 0.93754 – 0.93363 – 0.93614 – 0.93608
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji