And also a ‘%K cross above 20’ indicator signal is found. The indicator shows ‘%K cross above 20’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.627095 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.62171 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6403 |
| 2nd High | 1.62864 |
| Next High | 1.62171 |
| Current Price | 1.62053 |
| Next Low | 1.61389 |
| 2nd Low | 1.61154 |
| 3rd Low | 1.60796 |
1.62171 – 1.62864 – 1.6403 – 1.61389 – 1.61452 – 1.62342 —
1.62932 – 1.62196 —
70.253415859586 – 40.90639980471 —
– —
1.62171 – 1761912000