Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.02913 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.02945 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03029 |
| 2nd High | 0.0295 |
| Next High | 0.02945 |
| Current Price | 0.029280000 |
| Next Low | 0.028760000 |
| 2nd Low | |
| 3rd Low |
0.02945 – 0.02911 – 0.0293 – 0.028760000 – 0.0288 – 0.02897 —
0.028990000 – 0.029300000 —
38.152561757079 – 55.696497530552 —
0.028760000 – 1770913800 —
0.02945 – 1770876000