The currency pair jumps from the ascending trendline down.
A bearish trend downwards to the next support at 27.450000000 will persist.
Caution: A possible change in the direction of resistance at 29.620000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 30.850000000 |
2nd High | 29.870000000 |
Next High | 29.620000000 |
Current Price | 27.340000000 |
Next Low | 27.450000000 |
2nd Low | 25.060000000 |
3rd Low | 23.900000000 |