The currency pair breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.593400000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.559800000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.631000000 |
2nd High | 0.599200000 |
Next High | 0.593400000 |
Current Price | 0.591900000 |
Next Low | 0.559800000 |
2nd Low | 0.523100000 |
3rd Low | 0.519700000 |