Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.7814 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.78249 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.7838 |
| 2nd High | 0.78312 |
| Next High | 0.78249 |
| Current Price | 0.78044 |
| Next Low | 0.77982 |
| 2nd Low | 0.779 |
| 3rd Low | 0.77829 |
0.78249 – 0.78312 – 0.78197 – 0.78062 – 0.77982 – 0.78035 —
0.78153 – 0.78126 —
47.424610397774 – 34.478373113423 —
– —
0.78249 – 1776297600
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –