Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.002348148 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.002397000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002397000 |
| Current Price | 0.002316000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002397000 – 0.00238 – 0.00232 – 0.00219 – 0.00221 – 0.00225 —
0.002397000 – 0.002317000 —
61.277051141179 – 44.80980953923 —
0.002397000 – 1782993600 —
– 1782993600