The currency pair moves from the ascending trendline downwards
A descending movement down to the next support level at 0.564600000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.593400000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.600300000 |
2nd High | 0.599200000 |
Next High | 0.593400000 |
Current Price | 0.567500000 |
Next Low | 0.564600000 |
2nd Low | 0.559800000 |
3rd Low | 0.523100000 |