Moreover a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.
Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. 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 will persist. Target of the current trend is 0.77595 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.78073 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78272 |
| 2nd High | 0.78253 |
| Next High | 0.78073 |
| Current Price | 0.77703 |
| Next Low | 0.77595 |
| 2nd Low | 0.76707 |
| 3rd Low | 0.76693 |
0.78073 – 0.78253 – 0.78272 – 0.77792 – 0.77772 – 0.77595 —
0.77729 – 0.77796 —
34.850160510746 – 47.089234818404 —
– —
0.78073 – 1773075600
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –