Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.38236 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.38602 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38744 |
| 2nd High | 1.38605 |
| Next High | 1.38602 |
| Current Price | 1.38108 |
| Next Low | 1.37724 |
| 2nd Low | 1.37413 |
| 3rd Low | 1.37253 |
1.38602 – 1.38591 – 1.38605 – 1.38448 – 1.38351 – 1.38349 —
1.38329 – 1.38240 —
38.345740920059 – 45.115542987844 —
– —
1.38602 – 1775730600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –