The currency pair goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.007900000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.009473000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.011350000 |
2nd High | 0.010280000 |
Next High | 0.009473000 |
Current Price | 0.007253000 |
Next Low | 0.007900000 |
2nd Low | 0.005957000 |
3rd Low | 0.005677000 |