Moreover a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.67271 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.67271 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.67271 |
| Current Price | 0.67132 |
| Next Low | 0.66592 |
| 2nd Low | 0.65998 |
| 3rd Low | 0.6552 |
0.67067 – 0.67271 – 0.67243 – 0.66592 – 0.66875 – 0.66826 —
0.66796 – 0.67187 —
43.125592052285 – 70.518306755525 —
– —
0.67067 – 1767351600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –