Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. 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 is certain. Current target is 3.275 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 3.694 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 3.739 |
| Next High | 3.694 |
| Current Price | 3.355000000 |
| Next Low | 3.309 |
| 2nd Low | 3.275 |
| 3rd Low | 3.142 |
3.694 – 3.602 – 3.632 – 3.309 – 3.275 – 3.45 —
3.366000000 – 3.384000000 —
38.224085479779 – 49.589316650926 —
– —
3.694 – 1771668000