EUR/USD – 4H – BUYThere is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.1973923 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.19282 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.20821 |
| Next High | 1.19282 |
| Current Price | 1.18476 |
| Next Low | 1.18326 |
| 2nd Low | 1.17651 |
| 3rd Low | 1.15766 |
1.19282 – 1.18377 – 1.20821 – 1.18326 – 1.17651 – 1.17756 —
1.18700 – 1.18467 —
47.644710327733 – 33.994543593954 —
– —
1.19282 – 1770739200
Trading Signals: FOREX – EUR – EUR/USD – USD – – Double top retreat up – – – – – – – –