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Euro index is approaching its resistance.419 (61.8 Fibonacci extension, 50 Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support.0073 (61.8 Fibonacci retracement, horizontal swing low support).
The Stochastic RSI indicator (Stoch RSI) is essentially an indicator of an indicator.
It is used in technical analysis to provide a stochastic calculation to the RSI indicator.
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