The combination jumps from the descending trendline down.
A continuation of the downtrend down to the next support at 0.581300000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.589900000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.599200000 |
2nd High | 0.593400000 |
Next High | 0.589900000 |
Current Price | 0.587700000 |
Next Low | 0.581300000 |
2nd Low | 0.562000000 |
3rd Low | 0.559800000 |