Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.872104 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.037 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.303 |
| 2nd High | 1.112 |
| Next High | 1.037 |
| Current Price | 0.941000000 |
| Next Low | 0.865 |
| 2nd Low | 0.798 |
| 3rd Low |
1.037 – 1.112 – 0.909 – 0.865 – 0.798 – 0.838 —
1.021000000 – 0.954000000 —
55.883938166082 – 41.924667268825 —
– —
1.037 – 1772553600