Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1676.09 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 1697.28 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1721.93 |
| 2nd High | 1714.5 |
| Next High | 1697.28 |
| Current Price | 1670.480000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1697.28 – 1686.56 – 1675.9 – 1654.9 – 1671.44 – 1662.2 —
1668.300000000 – 1667.840000000 —
43.577611406565 – 46.021643877902 —
– —
1697.28 – 1781386200