The currency pair jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.83536 will persist.
Caution: A possible change in the direction of the resistance level at 0.83828 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83880 |
2nd High | 0.83851 |
Next High | 0.83828 |
Current Price | 0.83620 |
Next Low | 0.83536 |
2nd Low | 0.83422 |
3rd Low | 0.83193 |