Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 8.72 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 9.19 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.3 |
| 2nd High | 9.26 |
| Next High | 9.19 |
| Current Price | 8.820000000 |
| Next Low | 8.72 |
| 2nd Low | 7.55 |
| 3rd Low |
9.19 – 9.26 – 9.3 – 8.72 – 9 – 9.07 —
8.920000000 – 8.890000000 —
34.786275667267 – 41.758825218266 —
– —
9.19 – 1770658200