Besides a ” indicator layout is detected. The indicator shows ”. which is often a bearish signal. The currency pair could go down.
!
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.699505 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.70315 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70821 |
| 2nd High | 0.70549 |
| Next High | 0.70315 |
| Current Price | 0.70295 |
| Next Low | 0.69351 |
| 2nd Low | 0.6908 |
| 3rd Low | 0.6901 |
0.69701 – 0.70315 – 0.70549 – 0.69351 – 0.6908 – 0.69202 —
0.70330 – 0.70499 —
75.045154426331 – 74.410342758776 —
– —
0.69701 – 1770039000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –