The currency pair moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 53629.010000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 59809.650000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 70079.990000000 |
2nd High | 65000.000000000 |
Next High | 59809.650000000 |
Current Price | 56530.500000000 |
Next Low | 53629.010000000 |
2nd Low | 53611.100000000 |
3rd Low | 49000.000000000 |