Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 155.554 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 160.721 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 160.721 |
| Current Price | 156.51900 |
| Next Low | 155.554 |
| 2nd Low | 155.534 |
| 3rd Low | 154.217 |
160.721 – 160.452 – 159.786 – 155.554 – 160.072 – 159.472 —
157.10600 – 156.73800 —
17.38941336551 – 24.681642034266 —
– —
160.721 – 1777539600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –