In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.5866213 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.59287 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59479 |
| 2nd High | 0.59404 |
| Next High | 0.59287 |
| Current Price | 0.58850 |
| Next Low | 0.58627 |
| 2nd Low | 0.58492 |
| 3rd Low | 0.58149 |
0.58825 – 0.59287 – 0.58983 – 0.58627 – 0.58492 – 0.58794 —
0.58844 – 0.58910 —
54.386686141933 – 61.206571903492 —
– —
0.58825 – 1776666600
Trading Signals: FOREX – NZD – NZD/USD – USD – – Symmetrical Triangle Chart Pattern – – – – – – – –