Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 67368.77 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 64234.68 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 74275.66 |
| 2nd High | 74198 |
| Next High | 64234.68 |
| Current Price | 63964.080000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
64234.68 – 74198 – 74275.66 – 60461.88 – 61383.56 – 65426.34 —
62825.270000000 – 63933.180000000 —
49.841663907078 – 58.65882484552 —
– —
64234.68 – 1780869600