Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.21 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 1.241000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.275 |
| Next High | 1.241000000 |
| Current Price | 1.220000000 |
| Next Low | 1.21 |
| 2nd Low | 1.171 |
| 3rd Low | 1.147 |
1.241000000 – 1.275 – 1.274 – 1.21 – 1.228 – 1.252 —
1.241000000 – 1.226000000 —
62.097106424717 – 41.242474360259 —
1.241000000 – 1777352400 —
– 1777352400