Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.808941 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.80795 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81198 |
| 2nd High | 0.81077 |
| Next High | 0.80795 |
| Current Price | 0.80853 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.80795 – 0.81077 – 0.80965 – 0.80593 – 0.80302 – 0.80579 —
0.80773 – 0.80892 —
58.996260792424 – 65.8811465954 —
– —
0.80795 – 1783607400
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –