In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. 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 is certain. Target of the current trend is 650.44932 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 679 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 765.33 |
| 2nd High | 700.37 |
| Next High | 679 |
| Current Price | 659.200000000 |
| Next Low | 650.11 |
| 2nd Low | 645.64 |
| 3rd Low | 641.63 |
654.98 – 658.27 – 679 – 650.11 – 652.52 – 645.64 —
655.680000000 – 661.000000000 —
53.565485220466 – 67.610539438965 —
– —
654.98 – 1773496800