Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.02933 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.02948 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02982 |
| 2nd High | 0.02981 |
| Next High | 0.02948 |
| Current Price | 0.029410000 |
| Next Low | 0.02933 |
| 2nd Low | 0.02929 |
| 3rd Low | 0.02923 |
0.02948 – 0.02981 – 0.02966 – 0.02933 – 0.02944 – 0.02941 —
0.029480000 – 0.029460000 —
49.918939113005 – 51.369749950951 —
– —
0.02948 – 1777946400