Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 113.8525 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 114.369 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 114.369 |
| Current Price | 113.82600 |
| Next Low | 113.83 |
| 2nd Low | 113.749 |
| 3rd Low | 113.336 |
114.369 – 114.242 – 114.203 – 113.83 – 113.933 – 113.749 —
114.19400 – 114.26400 —
43.285905812735 – 58.037956515576 —
– —
114.369 – 1776412800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –