Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.186885 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 1.19282 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19741 |
| 2nd High | 1.19543 |
| Next High | 1.19282 |
| Current Price | 1.18947 |
| Next Low | 1.18881 |
| 2nd Low | 1.18095 |
| 3rd Low | 1.17651 |
1.19282 – 1.19194 – 1.19166 – 1.18881 – 1.18991 – 1.18962 —
1.19146 – 1.19019 —
47.953794483457 – 49.838605398969 —
– —
1.19282 – 1770741000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –