The pair breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 154.62700 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 153.97500 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 154.647 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 154.62700 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 156.28500 |
| 2nd High | 154.64700 |
| Next High | 154.62700 |
| Current Price | 154.66000 |
| Next Low | 153.97500 |
| 2nd Low | 153.40900 |
| 3rd Low | 151.85600 |