Additionally a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. 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 certain. Target of the current trend is 1.77136 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.77506 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.77632 |
| 2nd High | 1.77561 |
| Next High | 1.77506 |
| Current Price | 1.76911 |
| Next Low | 1.76817 |
| 2nd Low | 1.7664 |
| 3rd Low | 1.76297 |
1.77506 – 1.7733 – 1.77561 – 1.76817 – 1.7664 – 1.7704 —
1.77063 – 1.76935 —
47.523563927569 – 41.409193455609 —
– —
1.77506 – 1764729000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –