Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.
Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.64962 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 1.65677 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66217 |
| 2nd High | 1.66183 |
| Next High | 1.65677 |
| Current Price | 1.65196 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.65677 – 1.66183 – 1.66028 – 1.64962 – 1.6498 – 1.65668 —
1.65541 – 1.65319 —
56.119387536429 – 43.818985900706 —
– —
1.65677 – 1782882000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –