The combination moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 1.11032 will continue.
Caution: A possible change in the direction of the resistance zone at 1.11431 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.11816 |
2nd High | 1.11669 |
Next High | 1.11431 |
Current Price | 1.11392 |
Next Low | 1.11032 |
2nd Low | 1.10830 |
3rd Low | 1.10684 |