Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.70872 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.70898 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71443 |
| 2nd High | 0.70962 |
| Next High | 0.70898 |
| Current Price | 0.70716 |
| Next Low | 0.70277 |
| 2nd Low | 0.70132 |
| 3rd Low | 0.68966 |
0.70898 – 0.70962 – 0.71443 – 0.70277 – 0.70459 – 0.70431 —
0.70727 – 0.70751 —
50.157890586419 – 38.238414550467 —
– —
0.70898 – 1771362000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –