Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
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 158.26 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 159.528 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.028 |
| 2nd High | 159.856 |
| Next High | 159.528 |
| Current Price | 157.90400 |
| Next Low | 157.884 |
| 2nd Low | 157.504 |
| 3rd Low | 157.397 |
159.528 – 159.303 – 159.151 – 159.018 – 158.26 – 158.751 —
159.11800 – 158.51100 —
32.111234980731 – 22.013005877752 —
– —
159.528 – 1776412800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –