And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 185.118 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 186.2 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.948 |
| 2nd High | 187.554 |
| Next High | 186.2 |
| Current Price | 184.76300 |
| Next Low | 184.891 |
| 2nd Low | 184.198 |
| 3rd Low | 184.036 |
186.2 – 185.978 – 185.781 – 185.118 – 184.891 – 184.198 —
185.82100 – 184.99200 —
53.120190728439 – 29.376203986194 —
– —
186.2 – 1780401600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –