The pair breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 4.368000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 4.236000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.558000000 |
2nd High | 4.404000000 |
Next High | 4.368000000 |
Current Price | 4.433000000 |
Next Low | 4.236000000 |
2nd Low | 4.190000000 |
3rd Low | 3.973000000 |