Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 11.925 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 12.27 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.73 |
| 2nd High | 12.5 |
| Next High | 12.27 |
| Current Price | 12.070000000 |
| Next Low | 11.93 |
| 2nd Low | 11.58 |
| 3rd Low | 11.23 |
12.27 – 12.2 – 11.85 – 11.93 – 12.02 – 11.58 —
12.070000000 – 12.130000000 —
44.991243531062 – 55.61160656815 —
– —
12.27000 – 1769601600