Next a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. 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 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.96819304 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.97594 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.97594 |
| Current Price | 0.96943 |
| Next Low | 0.96637 |
| 2nd Low | 0.9658 |
| 3rd Low | 0.96331 |
0.97594 – 0.97397 – 0.97267 – 0.96637 – 0.96953 – 0.96962 —
0.96935 – 0.97022 —
46.505782673316 – 54.542159212195 —
– —
0.97594 – 1773248400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –