The currency pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.007093000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.007589000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008347000 |
2nd High | 0.008098000 |
Next High | 0.007589000 |
Current Price | 0.006871000 |
Next Low | 0.007093000 |
2nd Low | 0.007025000 |
3rd Low | 0.007004000 |