Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.226 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.234 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.246 |
| 2nd High | 0.239 |
| Next High | 0.234 |
| Current Price | 0.221000000 |
| Next Low | 0.213 |
| 2nd Low | 0.206 |
| 3rd Low | 0.203 |
0.234 – 0.239 – 0.217 – 0.213 – 0.22 – 0.227 —
0.219000000 – 0.219000000 —
47.838574712139 – 45.961213700418 —
– —
0.234 – 1771398000