The currency pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.539700000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.550000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.562000000 |
2nd High | 0.553200000 |
Next High | 0.550000000 |
Current Price | 0.542500000 |
Next Low | 0.539700000 |
2nd Low | 0.531500000 |
3rd Low | 0.525200000 |