The currency pair jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.039430000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.038740000 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040570000 |
2nd High | 0.040470000 |
Next High | 0.039430000 |
Current Price | 0.039070000 |
Next Low | 0.038740000 |
2nd Low | 0.038690000 |
3rd Low | 0.038590000 |