Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.96339108 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.96838 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.96979 |
| Next High | 0.96838 |
| Current Price | 0.96411 |
| Next Low | 0.96352 |
| 2nd Low | 0.96185 |
| 3rd Low | 0.96151 |
0.96838 – 0.96671 – 0.96699 – 0.96352 – 0.96399 – 0.96425 —
0.96601 – 0.96560 —
41.853424656844 – 44.599688680923 —
– —
0.96838 – 1771495200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –