Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 1.6966067 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.71023 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74663 |
| 2nd High | 1.72337 |
| Next High | 1.71023 |
| Current Price | 1.70358 |
| Next Low | 1.68932 |
| 2nd Low | 1.67172 |
| 3rd Low | 1.67079 |
1.71023 – 1.72337 – 1.7194 – 1.68932 – 1.71419 – 1.711 —
1.69987 – 1.70668 —
47.017834057934 – 61.099419639621 —
– —
1.71023 – 1769706000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –