Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.1606 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.1787 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.196 |
| 2nd High | 0.1844 |
| Next High | 0.1787 |
| Current Price | 0.172700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.1787 – 0.1844 – 0.1545 – 0.1681 – 0.1644 – 0.1368 —
0.180800000 – 0.177900000 —
55.412635231185 – 49.094851032731 —
– —
0.1787 – 1782644400