Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.61447 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.62068 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6265 |
| 2nd High | 1.62218 |
| Next High | 1.62068 |
| Current Price | 1.61555 |
| Next Low | 1.61447 |
| 2nd Low | 1.61442 |
| 3rd Low | 1.61231 |
1.62068 – 1.62218 – 1.62203 – 1.61862 – 1.61447 – 1.61843 —
1.61660 – 1.61599 —
26.364619205793 – 40.602030204676 —
– —
1.62068 – 1783674000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –