And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. 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 is expected. Current target is 1.2695 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.327 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.361 |
| 2nd High | 1.355 |
| Next High | 1.327 |
| Current Price | 1.256000000 |
| Next Low | 1.212 |
| 2nd Low | 1.147 |
| 3rd Low | 1.101 |
1.327 – 1.292 – 1.295 – 1.212 – 1.257 – 1.235 —
1.250000000 – 1.241000000 —
46.939543217492 – 45.02844023503 —
– —
1.327 – 1776834000