The currency pair goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 1.60187 is certain.
Caution: A possible change in the direction of the resistance level at 1.61131 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.61856 |
2nd High | 1.61136 |
Next High | 1.61131 |
Current Price | 1.60169 |
Next Low | 1.60187 |
2nd Low | |
3rd Low |