The combination goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 0.93646 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.94177 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94502 |
2nd High | 0.94378 |
Next High | 0.94177 |
Current Price | 0.94096 |
Next Low | 0.93646 |
2nd Low | 0.93416 |
3rd Low | 0.93330 |