The pair goes from the ascending trendline downwards
A bearish movement down to the next support level at 0.005957000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.007418000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008015000 |
2nd High | 0.007564000 |
Next High | 0.007418000 |
Current Price | 0.007077000 |
Next Low | 0.005957000 |
2nd Low | 0.005677000 |
3rd Low | 0.005591000 |