The currency pair moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 4.004000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 4.208000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.260000000 |
2nd High | 4.226000000 |
Next High | 4.208000000 |
Current Price | 4.132000000 |
Next Low | 4.004000000 |
2nd Low | 3.979000000 |
3rd Low | 3.848000000 |