Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 2354.585 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 2331.85 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.58 |
| 2nd High | 2338.79 |
| Next High | 2331.85 |
| Current Price | 2316.010000000 |
| Next Low | 2307.2 |
| 2nd Low | 2301.61 |
| 3rd Low | 2300.22 |
2331.85 – 2338.79 – 2343.58 – 2307.2 – 2301.61 – 2300.22 —
2319.270000000 – 2316.230000000 —
51.387749152079 – 48.767439968016 —
– —
2331.85 – 1777032000