Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.60355664 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.60756 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60922 |
| 2nd High | 0.60786 |
| Next High | 0.60756 |
| Current Price | 0.60374 |
| Next Low | 0.59967 |
| 2nd Low | 0.59279 |
| 3rd Low | 0.5891 |
0.60756 – 0.6073 – 0.60609 – 0.60252 – 0.60387 – 0.60232 —
0.60342 – 0.60271 —
39.544004857183 – 36.280270777555 —
– —
0.60756 – 1770901200
Trading Signals: FOREX – NZD – NZD/USD – USD – – Double top retreat up – – – – – – – –