In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 1.79028704 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.79344 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.80579 |
| 2nd High | 1.79358 |
| Next High | 1.79344 |
| Current Price | 1.79269 |
| Next Low | 1.78103 |
| 2nd Low | 1.78008 |
| 3rd Low | 1.77411 |
1.78418 – 1.79344 – 1.79101 – 1.78103 – 1.78143 – 1.78008 —
1.78877 – 1.79576 —
59.847887112553 – 76.240003441107 —
– —
1.78418 – 1763956800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –