The pair goes from the bullish trendline down.
The bearish trend downwards to the next support line at 1.07540 is certain.
Caution: A possible change in the direction of the resistance zone at 1.07902 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 154.647 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 1.07902 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08662 |
| 2nd High | 1.08124 |
| Next High | 1.07902 |
| Current Price | 154.74000 |
| Next Low | 1.07540 |
| 2nd Low | 1.06741 |
| 3rd Low | 1.06495 |