Moreover a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1.3836 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.4466 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4503 |
| Next High | 1.4466 |
| Current Price | 1.397900000 |
| Next Low | 1.383600000 |
| 2nd Low | |
| 3rd Low |
1.4466 – 1.4503 – 1.4457 – 1.383600000 – 1.418 – 1.4239 —
1.404300000 – 1.397500000 —
23.234315350066 – 38.376950275105 —
1.383600000 – 1777302000 —
1.4466 – 1777258800