The currency pair moves from the bullish trendline downwards
A descending movement downwards to the next support level at 0.007344000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.008498000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.009739000 |
2nd High | 0.009566000 |
Next High | 0.008498000 |
Current Price | 0.007939000 |
Next Low | 0.007344000 |
2nd Low | 0.006714000 |
3rd Low | 0.006704000 |