Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 157.385772 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 156.522 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.721 |
| 2nd High | 157.934 |
| Next High | 156.522 |
| Current Price | 156.90500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
156.522 – 156.508 – 157.934 – 156.163 – 156.016 – 156.019 —
156.62200 – 156.87500 —
61.748361192021 – 70.250488650347 —
– —
156.522 – 1778122800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –