The currency pair moves from the ascending trendline down.
The bearish trend down to the next support at 0.62642 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.63783 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.63783 |
Current Price | 0.63066 |
Next Low | 0.62642 |
2nd Low | 0.62520 |
3rd Low | 0.62248 |