And also a ‘MACD Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 0.96955 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.96955 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.96955 |
| Current Price | 0.96859 |
| Next Low | 0.96516 |
| 2nd Low | 0.95994 |
| 3rd Low | 0.95664 |
0.96955 – 0.9682 – 0.96376 – 0.96516 – 0.96586 – 0.95994 —
0.96599 – 0.96685 —
41.762606142487 – 50.420457692788 —
– —
0.96955 – 1770867000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Double bottom chart pattern – – – – – – – –