The currency pair goes from the bullish trendline downwards
A descending movement down to the next support level at 1.62496 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.63192 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64295 |
2nd High | 1.63530 |
Next High | 1.63192 |
Current Price | 1.63137 |
Next Low | 1.62496 |
2nd Low | 1.62329 |
3rd Low | 1.62181 |