The currency pair goes from the descending trendline up.
A bullish ascent up to the next resistance line at 4.558000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 4.058000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.942000000 |
2nd High | 5.100000000 |
Next High | 4.558000000 |
Current Price | 4.085000000 |
Next Low | 4.058000000 |
2nd Low | 3.868000000 |
3rd Low |