Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.18804 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.18895 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19282 |
| 2nd High | 1.19269 |
| Next High | 1.18895 |
| Current Price | 1.18622 |
| Next Low | 1.18558 |
| 2nd Low | 1.18519 |
| 3rd Low | 1.18326 |
1.18895 – 1.19269 – 1.19282 – 1.18558 – 1.18519 – 1.18326 —
1.18714 – 1.18612 —
45.291729471771 – 37.346884268052 —
– —
1.18895 – 1770919200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –