In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.86357 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.86486 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86657 |
| 2nd High | 0.86487 |
| Next High | 0.86486 |
| Current Price | 0.86415 |
| Next Low | 0.86334 |
| 2nd Low | 0.86273 |
| 3rd Low | 0.86227 |
0.86486 – 0.86487 – 0.86389 – 0.86334 – 0.86273 – 0.86227 —
0.86446 – 0.86446 —
56.410806971614 – 53.670552750973 —
– —
0.86486 – 1778094000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –