Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 56.95 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 59.14 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 60.99 |
| 2nd High | 59.49 |
| Next High | 59.14 |
| Current Price | 58.090000000 |
| Next Low | 56.05 |
| 2nd Low | 54.76 |
| 3rd Low | 54.35 |
59.14 – 58.99 – 56.79 – 56.05 – 56.17 – 54.76 —
57.880000000 – 58.240000000 —
36.100341343522 – 51.857200565223 —
– —
59.14 – 1778290200