There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 1.368615 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.37003 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37094 |
| 2nd High | 1.37028 |
| Next High | 1.37003 |
| Current Price | 1.36604 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37003 – 1.37028 – 1.37094 – 1.36345 – 1.36491 – 1.3695 —
1.36483 – 1.36634 —
45.957789590024 – 62.768025111449 —
– —
1.37003 – 1776699000
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –