The pair breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 1.62452 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.61867 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.62907 |
2nd High | 1.62562 |
Next High | 1.62452 |
Current Price | 1.62461 |
Next Low | 1.61867 |
2nd Low | 1.61096 |
3rd Low | 1.61029 |