Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.363356 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 1.334 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.416 |
| 2nd High | 1.412 |
| Next High | 1.334 |
| Current Price | 1.299000000 |
| Next Low | 1.245 |
| 2nd Low | 1.17 |
| 3rd Low | 1.112 |
1.334 – 1.412 – 1.416 – 1.245 – 1.341 – 1.318 —
1.300000000 – 1.292000000 —
50.253210777144 – 44.956985597308 —
– —
1.334 – 1772699400