The currency pair jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 1.27205 will continue.
Caution: A possible counter-trend in the direction of the support line at 1.26893 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28070 |
| 2nd High | 1.27629 |
| Next High | 1.27205 |
| Current Price | 1.27249 |
| Next Low | 1.26893 |
| 2nd Low | 1.26691 |
| 3rd Low | 1.26593 |
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.275845 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 1.27205 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28600 |
| 2nd High | 1.28070 |
| Next High | 1.27205 |
| Current Price | 1.27108 |
| Next Low | 1.26691 |
| 2nd Low | 1.26593 |
| 3rd Low | 1.26569 |
The combination breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 1.27148 is certain.
Caution: A possible change in the direction of the support level at 1.26691 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28070 |
| 2nd High | 1.27629 |
| Next High | 1.27148 |
| Current Price | 1.27024 |
| Next Low | 1.26691 |
| 2nd Low | 1.26593 |
| 3rd Low | 1.26569 |
The combination breaks through the descending trendline upwards
An ascent up to the next resistance line at 1.27148 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.26593 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28070 |
| 2nd High | 1.27629 |
| Next High | 1.27148 |
| Current Price | 1.26960 |
| Next Low | 1.26593 |
| 2nd Low | 1.26569 |
| 3rd Low | 1.26448 |
The pair goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 1.26593 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.27148 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 likely expected. Target of the current trend is 1.26569 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 1.27148 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28070 |
| 2nd High | 1.27629 |
| Next High | 1.27148 |
| Current Price | 1.26872 |
| Next Low | 1.26593 |
| 2nd Low | 1.26569 |
| 3rd Low | 1.26448 |
The currency pair breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 1.27629 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.26593 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.275845 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.27629 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28600 |
| 2nd High | 1.28070 |
| Next High | 1.27629 |
| Current Price | 1.27165 |
| Next Low | 1.26593 |
| 2nd Low | 1.26569 |
| 3rd Low | 1.26448 |
The combination breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 1.27148 is likely expected.
Caution: A possible change in the direction of the support zone at 1.26593 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28070 |
| 2nd High | 1.27629 |
| Next High | 1.27148 |
| Current Price | 1.27135 |
| Next Low | 1.26593 |
| 2nd Low | 1.26569 |
| 3rd Low | 1.26448 |
The pair moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 1.26593 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.27148 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28070 |
| 2nd High | 1.27629 |
| Next High | 1.27148 |
| Current Price | 1.26795 |
| Next Low | 1.26593 |
| 2nd Low | 1.26569 |
| 3rd Low | 1.26448 |
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 1.26569 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.28070 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.28600 |
| Next High | 1.28070 |
| Current Price | 1.26975 |
| Next Low | 1.26593 |
| 2nd Low | 1.26569 |
| 3rd Low | 1.26448 |
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 1.26569 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 1.27629 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28600 |
| 2nd High | 1.28070 |
| Next High | 1.27629 |
| Current Price | 1.26969 |
| Next Low | 1.26593 |
| 2nd Low | 1.26569 |
| 3rd Low | 1.26448 |