The currency pair jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.040960000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.041500000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.043400000 |
2nd High | 0.042740000 |
Next High | 0.041500000 |
Current Price | 0.041190000 |
Next Low | 0.040960000 |
2nd Low | 0.040870000 |
3rd Low | 0.040400000 |