Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. 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 considered certain. Current target is 2038.655 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2088.19 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2163.66 |
| 2nd High | 2099.36 |
| Next High | 2088.19 |
| Current Price | 2049.200000000 |
| Next Low | 2007.17 |
| 2nd Low | 1989.12 |
| 3rd Low | 1916.14 |
2088.19 – 2074 – 2053.52 – 2007.17 – 2018 – 2008.65 —
2031.300000000 – 2065.910000000 —
50.652878278862 – 66.955097199195 —
– —
2088.19 – 1773158400