Next a ‘%K cross above 0.2’ indicator layout is discovered. The indicator shows ‘%K cross above 0.2’. which could be a positive chart scenario. The currency pair could go up.
Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.80076704 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.80274 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.80274 |
| Current Price | 0.79957 |
| Next Low | 0.79556 |
| 2nd Low | 0.79438 |
| 3rd Low | 0.79044 |
0.80274 – 0.80175 – 0.79592 – 0.79556 – 0.79859 – 0.79679 —
0.80274 – 0.80012 —
67.040090069384 – 38.921690575668 —
0.80274 – 1768384800 —
– 1768384800
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –