In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.86245652 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.86442 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.8651 |
| 2nd High | 0.86468 |
| Next High | 0.86442 |
| Current Price | 0.86302 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86442 – 0.8636 – 0.86354 – 0.86251 – 0.8625 – 0.86185 —
0.86333 – 0.86313 —
48.029976726301 – 53.137253599619 —
– —
0.86442 – 1781483400
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –