Next a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.78686176 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.79005 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79684 |
| 2nd High | 0.79577 |
| Next High | 0.79005 |
| Current Price | 0.78916 |
| Next Low | 0.78572 |
| 2nd Low | 0.78411 |
| 3rd Low | 0.7801 |
0.79005 – 0.79577 – 0.79358 – 0.78572 – 0.7909 – 0.78411 —
0.78861 – 0.79053 —
38.522399437228 – 61.215322327785 —
– —
0.79005 – 1774000800
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –