Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 86100 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 85544.300000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
Support & Resistance | Price Range* |
---|---|
3rd High | 87728.270000000 |
2nd High | 86100.000000000 |
Next High | 85544.300000000 |
Current Price | 84628.900000000 |
Next Low | |
2nd Low | |
3rd Low |