The combination goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.93824 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.94217 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94434 |
2nd High | 0.94333 |
Next High | 0.94217 |
Current Price | 0.93934 |
Next Low | 0.93824 |
2nd Low | 0.93693 |
3rd Low | 0.93279 |