Next a ‘StochRSI %K line crosses below %D line’ indicator signal is found. 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 bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 2.350314 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 2.405 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.469 |
| 2nd High | 2.433 |
| Next High | 2.405 |
| Current Price | 2.383000000 |
| Next Low | 2.350000000 |
| 2nd Low | 2.318 |
| 3rd Low |
2.405 – 2.433 – 2.408 – 2.350000000 – 2.369 – 2.359 —
2.367000000 – 2.398000000 —
34.001173727376 – 62.138130437775 —
2.350000000 – 1777629600 —
2.405 – 1777608000