Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart 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. Current target is 627.045 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 639 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 640.49 |
| 2nd High | 639.81 |
| Next High | 639 |
| Current Price | 631.040000000 |
| Next Low | 622.58 |
| 2nd Low | 615.61 |
| 3rd Low | 615.09 |
639 – 621.81 – 619.38 – 622.58 – 623.48 – 615.61 —
627.470000000 – 630.430000000 —
50.958426232652 – 63.259593765782 —
– —
639 – 1777867200