The combination goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 1.08721 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.09142 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09363 |
2nd High | 1.09165 |
Next High | 1.09142 |
Current Price | 1.09033 |
Next Low | 1.08721 |
2nd Low | 1.08316 |
3rd Low | 1.07688 |