Moreover a ” indicator layout is discovered. The indicator shows ”. which is often a bullish signal. The currency pair is likely to rise.
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Moreover 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 signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 113.009 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 113.237 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.542 |
| 2nd High | 114.438 |
| Next High | 113.237 |
| Current Price | 112.58500 |
| Next Low | 111.315 |
| 2nd Low | 110.302 |
| 3rd Low | 109.756 |
113.237 – 114.438 – 114.542 – 111.315 – 113.919 – 114.199 —
113.22500 – 113.12200 —
61.407970127605 – 52.543852192302 —
– —
113.237 – 1777606200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –