The currency pair goes from the bullish trendline down.
A bearish descent downwards to the next support at 4.564000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 4.858000000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.100000000 |
2nd High | 4.964000000 |
Next High | 4.858000000 |
Current Price | 4.611000000 |
Next Low | 4.564000000 |
2nd Low | 4.233000000 |
3rd Low | 4.190000000 |