In addition a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.16844726 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 1.17644 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17886 |
| 2nd High | 1.17795 |
| Next High | 1.17644 |
| Current Price | 1.17174 |
| Next Low | 1.16586 |
| 2nd Low | 1.16212 |
| 3rd Low | 1.16147 |
1.16944 – 1.17644 – 1.17589 – 1.16586 – 1.16719 – 1.17129 —
1.17250 – 1.17215 —
69.28055243181 – 63.32537391127 —
– —
1.16944 – 1767609000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –