Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. 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 likely expected. Current target is 0.60232 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.60473 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60786 |
| 2nd High | 0.60756 |
| Next High | 0.60473 |
| Current Price | 0.60295 |
| Next Low | 0.60252 |
| 2nd Low | 0.60232 |
| 3rd Low | 0.59967 |
0.60473 – 0.60756 – 0.6061 – 0.60252 – 0.60387 – 0.60397 —
0.60324 – 0.60372 —
40.940747100802 – 46.601477356267 —
– —
0.60473 – 1770940800
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –