There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. 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 0.91288 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.91424 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Tweezers Top’ candle chart pattern is existing. The candles form ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91608 |
| 2nd High | 0.91448 |
| Next High | 0.91424 |
| Current Price | 0.91300 |
| Next Low | 0.91209 |
| 2nd Low | 0.91152 |
| 3rd Low | 0.91101 |
0.91424 – 0.91293 – 0.91262 – 0.91209 – 0.91243 – 0.91152 —
0.91268 – 0.91343 —
46.947413201652 – 56.500189434524 —
– —
0.91424 – 1771606800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Tweezers Top – – – – – – – – –