Additionally a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 2047.68 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 2085.58 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2099.36 |
| 2nd High | 2088.19 |
| Next High | 2085.58 |
| Current Price | 2058.400000000 |
| Next Low | 2017.59 |
| 2nd Low | 2007.17 |
| 3rd Low | 1989.12 |
2085.58 – 2088.19 – 2074 – 2017.59 – 2007.17 – 2018 —
2069.600000000 – 2075.860000000 —
54.124358879323 – 57.191566145656 —
– —
2085.58 – 1773248400