The pair jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 4.051000000 is expected.
Caution: A possible trend reversal in the direction of resistance at 4.270000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.729000000 |
2nd High | 4.563000000 |
Next High | 4.270000000 |
Current Price | 4.129000000 |
Next Low | 4.051000000 |
2nd Low | 3.973000000 |
3rd Low | 3.929000000 |