The currency pair moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 1.61849 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.63543 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64969 |
2nd High | 1.63576 |
Next High | 1.63543 |
Current Price | 1.61694 |
Next Low | 1.61849 |
2nd Low | 1.61392 |
3rd Low | 1.61336 |