There is also a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 113.175 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 114.247 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 114.909 |
| Next High | 114.247 |
| Current Price | 113.22600 |
| Next Low | 112.03 |
| 2nd Low | 111.933 |
| 3rd Low | 111.315 |
112.89 – 112.534 – 112.834 – 112.03 – 112.176 – 112.386 —
113.21800 – 113.35200 —
68.692212913517 – 68.742936884995 —
– —
112.89 – 1781229600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –