The combination moves from the bullish trendline down.
A bearish movement downwards to the next support at 1.50940 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 1.51619 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.52267 |
2nd High | 1.51756 |
Next High | 1.51619 |
Current Price | 1.51339 |
Next Low | 1.50940 |
2nd Low | 1.50410 |
3rd Low | 1.50364 |