The currency pair jumps from the ascending trendline downwards
A bearish trend down to the next support at 1.11032 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.11984 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.12012 |
Next High | 1.11984 |
Current Price | 1.11951 |
Next Low | 1.11032 |
2nd Low | 1.10830 |
3rd Low | 1.10684 |