And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.76935372 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.7772 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.77869 |
| 2nd High | 0.77857 |
| Next High | 0.7772 |
| Current Price | 0.77145 |
| Next Low | 0.76938 |
| 2nd Low | 0.76932 |
| 3rd Low | 0.76861 |
0.7772 – 0.77625 – 0.77397 – 0.76938 – 0.76932 – 0.76861 —
0.77631 – 0.77235 —
49.662599325649 – 27.897453263537 —
– —
0.7772 – 1771606800
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –