The pair jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.576300000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.612800000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.643400000 |
2nd High | 0.631000000 |
Next High | 0.612800000 |
Current Price | 0.585500000 |
Next Low | 0.576300000 |
2nd Low | 0.562000000 |
3rd Low | 0.559800000 |