Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 113.780428 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 113.322 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.542 |
| 2nd High | 114.438 |
| Next High | 113.322 |
| Current Price | 113.35700 |
| Next Low | 112.189 |
| 2nd Low | 111.933 |
| 3rd Low | 111.315 |
113.322 – 113.237 – 114.438 – 112.189 – 112.288 – 111.933 —
113.39400 – 114.19500 —
65.957533291792 – 41.820292446773 —
– —
113.322 – 1777874400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –