The currency pair moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.005957000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.006589000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006696000 |
2nd High | 0.006592000 |
Next High | 0.006589000 |
Current Price | 0.006303000 |
Next Low | 0.005957000 |
2nd Low | 0.005677000 |
3rd Low | 0.005591000 |