And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
And also a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 2.538186 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 2.624 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.201 |
| 2nd High | 2.904 |
| Next High | 2.624 |
| Current Price | 2.478000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.624 – 2.473 – 2.316 – 2.255 – 2.238 – 2.223 —
2.437000000 – 2.414000000 —
38.072097954349 – 36.998807885508 —
– —
2.624 – 1781377200