Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.863515 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.86418 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86657 |
| 2nd High | 0.86476 |
| Next High | 0.86418 |
| Current Price | 0.86392 |
| Next Low | 0.86227 |
| 2nd Low | 0.86221 |
| 3rd Low | 0.86196 |
0.86389 – 0.86368 – 0.86418 – 0.86227 – 0.86327 – 0.8633 —
0.86348 – 0.86487 —
39.262460998729 – 71.44657721799 —
– —
0.86389 – 1778050800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –