Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.97734 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.9797 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.97976 |
| 2nd High | 0.97975 |
| Next High | 0.9797 |
| Current Price | 0.97695 |
| Next Low | 0.97553 |
| 2nd Low | 0.97498 |
| 3rd Low | 0.97471 |
0.9773 – 0.9797 – 0.9781 – 0.97553 – 0.97498 – 0.97539 —
0.97721 – 0.97868 —
53.355406944126 – 67.120097484037 —
– —
0.9773 – 1777003200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –