Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 8.90704 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 9.11 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.19 |
| 2nd High | 9.18 |
| Next High | 9.11 |
| Current Price | 8.970000000 |
| Next Low | 8.89 |
| 2nd Low | 8.83 |
| 3rd Low | 8.4 |
9.11 – 9.18 – 9.04 – 8.89 – 8.83 – 8.86 —
9.090000000 – 9.060000000 —
53.47688077424 – 54.912967065973 —
– —
9.11 – 1773311400