The pair breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 1.60644 will continue.
Caution: A possible trend reversal in the direction of the support line at 1.60204 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61131 |
| 2nd High | 1.60866 |
| Next High | 1.60644 |
| Current Price | 1.60725 |
| Next Low | 1.60204 |
| 2nd Low | 1.60040 |
| 3rd Low |
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.68561 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.69154 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.69420 |
| 2nd High | 0.69342 |
| Next High | 0.69154 |
| Current Price | 0.68659 |
| Next Low | 0.68561 |
| 2nd Low | 0.68177 |
| 3rd Low | 0.68139 |
The pair moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 1.60040 is certain.
Caution: A possible change in the direction of the resistance zone at 1.61131 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 1.6004 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.61131 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62507 |
| 2nd High | 1.61856 |
| Next High | 1.61131 |
| Current Price | 1.60628 |
| Next Low | 1.60040 |
| 2nd Low | |
| 3rd Low |
The currency pair jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 1.60204 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.60644 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61131 |
| 2nd High | 1.60866 |
| Next High | 1.60644 |
| Current Price | 1.60628 |
| Next Low | 1.60204 |
| 2nd Low | 1.60040 |
| 3rd Low |
The combination breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.93191 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.92739 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93764 |
| 2nd High | 0.93762 |
| Next High | 0.93191 |
| Current Price | 0.92824 |
| Next Low | 0.92739 |
| 2nd Low | 0.92692 |
| 3rd Low | 0.92675 |
The combination moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.93416 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.94331 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.94116786 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.94331 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94787 |
| 2nd High | 0.94502 |
| Next High | 0.94331 |
| Current Price | 0.94187 |
| Next Low | 0.93416 |
| 2nd Low | 0.93330 |
| 3rd Low | 0.93279 |
The combination jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.34720 is certain.
Caution: A possible change in the direction of the resistance zone at 1.35393 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.35393 |
| Current Price | 1.35103 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34572 |
The combination jumps from the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 0.69154 is certain.
Caution: A possible counter-trend in the direction of support at 0.68561 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.69420 |
| 2nd High | 0.69342 |
| Next High | 0.69154 |
| Current Price | 0.68713 |
| Next Low | 0.68561 |
| 2nd Low | 0.68177 |
| 3rd Low | 0.68139 |
The currency pair breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 1.10825 is certain.
Caution: A possible change in the direction of support at 1.10325 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12086 |
| 2nd High | 1.11438 |
| Next High | 1.10825 |
| Current Price | 1.10374 |
| Next Low | 1.10325 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 1.350565 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 1.35393 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35817 |
| 2nd High | 1.35409 |
| Next High | 1.35393 |
| Current Price | 1.35183 |
| Next Low | 1.34720 |
| 2nd Low | 1.34633 |
| 3rd Low | 1.34623 |
The combination breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 1.10825 will persist.
Caution: A possible counter-trend in the direction of the support line at 1.10325 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12086 |
| 2nd High | 1.11438 |
| Next High | 1.10825 |
| Current Price | 1.10294 |
| Next Low | 1.10325 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |
The combination jumps from the bullish trendline down.
A descending movement downwards to the next support line at 0.002298100 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002411800 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002506300 |
| 2nd High | 0.002460500 |
| Next High | 0.002411800 |
| Current Price | 0.002309500 |
| Next Low | 0.002298100 |
| 2nd Low | 0.002251000 |
| 3rd Low | 0.002136100 |