Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.59754 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.60049 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60147 |
| 2nd High | 1.60129 |
| Next High | 1.60049 |
| Current Price | 1.59691 |
| Next Low | 1.59603 |
| 2nd Low | 1.59379 |
| 3rd Low | 1.5902 |
1.60049 – 1.60129 – 1.59935 – 1.59603 – 1.59379 – 1.59571 —
1.60013 – 1.59941 —
48.700031677013 – 51.162326310291 —
– —
1.60049 – 1774861200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –