The combination jumps from the descending trendline upwards
An ascent upwards to the next resistance level at 1.11461 is expected.
Caution: A possible counter-trend in the direction of the support zone at 1.11156 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.11902 |
2nd High | 1.11551 |
Next High | 1.11461 |
Current Price | 1.11190 |
Next Low | 1.11156 |
2nd Low | 1.10725 |
3rd Low | 1.10053 |