In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.70701 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.70778 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71876 |
| 2nd High | 0.71486 |
| Next High | 0.70778 |
| Current Price | 0.70759 |
| Next Low | 0.70207 |
| 2nd Low | 0.69786 |
| 3rd Low | 0.6898 |
0.70548 – 0.70116 – 0.7037 – 0.70207 – 0.69786 – 0.6987 —
0.70535 – 0.70862 —
59.714063459055 – 61.744137008406 —
– —
0.70548 – 1781215200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –