In addition a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.
In addition a ‘RSI Bullish Divergence’ indicator signal is detected. The indicator shows ‘RSI Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.
In addition a ‘MACD-Hist Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD-Hist Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 1.61448488 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.61711 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61754 |
| 2nd High | 1.61722 |
| Next High | 1.61711 |
| Current Price | 1.61439 |
| Next Low | 1.61327 |
| 2nd Low | 1.61049 |
| 3rd Low | 1.61042 |
1.61711 – 1.61722 – 1.61675 – 1.61425 – 1.61364 – 1.61491 —
1.61443 – 1.61357 —
36.787880881436 – 34.374143645138 —
– —
1.61711 – 1771407000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Double top chart pattern – – – – – – – –