The currency pair jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 4.004000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 4.218000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.260000000 |
2nd High | 4.251000000 |
Next High | 4.218000000 |
Current Price | 4.161000000 |
Next Low | 4.004000000 |
2nd Low | 3.979000000 |
3rd Low | 3.848000000 |