Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 79360 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 79186.81 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79424 |
| 2nd High | 79360 |
| Next High | 79186.81 |
| Current Price | 78466.070000000 |
| Next Low | 77644.09 |
| 2nd Low | 74604 |
| 3rd Low | 74508 |
79186.81 – 79360 – 78231.26 – 77644.09 – 77888 – 74604 —
78500.000000000 – 78841.350000000 —
47.206791674957 – 42.294404305539 —
– —
79186.81000 – 1770080400