Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 157.968 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 158.7 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 158.876 |
| Next High | 158.7 |
| Current Price | 158.11700 |
| Next Low | 158.00800 |
| 2nd Low | 157.968 |
| 3rd Low |
158.7 – 158.876 – 158.728 – 158.00800 – 157.968 – 158.408 —
158.22800 – 158.19900 —
41.050028206644 – 45.288198341175 —
158.00800 – 1768559400 —
158.70000 – 1768530600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –