Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.
Besides a ‘StochOSC Hidden Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1.62492 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.63101 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64582 |
| 2nd High | 1.63499 |
| Next High | 1.63101 |
| Current Price | 1.62494 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.63101 – 1.62968 – 1.63499 – 1.62493 – 1.6309 – 1.62492 —
1.62757 – 1.62745 —
53.784211618476 – 52.191569656787 —
– —
1.63101 – 1773729000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –