Then a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. 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 bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 476.25 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 475.6 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 520.3 |
| 2nd High | 476.8 |
| Next High | 475.6 |
| Current Price | 456.900000000 |
| Next Low | 440.4 |
| 2nd Low | 432.2 |
| 3rd Low | 423 |
475.6 – 456.9 – 476.8 – 440.4 – 442.2 – 432.2 —
475.900000000 – 462.400000000 —
65.77859422686 – 31.808134103567 —
– —
475.6 – 1773360000