Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 160.105 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 160.479 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.721 |
| 2nd High | 160.593 |
| Next High | 160.479 |
| Current Price | 160.25000 |
| Next Low | 160.044 |
| 2nd Low | 160.026 |
| 3rd Low | 159.731 |
160.479 – 160.461 – 160.344 – 160.044 – 160.026 – 159.731 —
160.35000 – 160.32600 —
42.915940209133 – 46.446458684186 —
– —
160.479 – 1781652600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –