Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 2.3986 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 2.42 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.469 |
| 2nd High | 2.433 |
| Next High | 2.42 |
| Current Price | 2.391000000 |
| Next Low | 2.332 |
| 2nd Low | 2.32 |
| 3rd Low | 2.316 |
2.42 – 2.416 – 2.37 – 2.332 – 2.32 – 2.34 —
2.364000000 – 2.379000000 —
45.943675183988 – 48.21332963805 —
– —
2.42 – 1777887000