The currency pair moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 159.120000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 177.600000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 179.300000000 |
Next High | 177.600000000 |
Current Price | 168.720000000 |
Next Low | 159.120000000 |
2nd Low | 157.580000000 |
3rd Low | 153.450000000 |