In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative 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 expected. Current target is 196.9 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 200.7 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 200.9 |
| 2nd High | 200.8 |
| Next High | 200.7 |
| Current Price | 198.600000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
200.7 – 200.8 – 200.9 – 196.9 – 198.2 – 195.6 —
198.200000000 – 200.100000000 —
42.637005483635 – 58.553754111756 —
– —
200.7 – 1781994600