The currency pair moves from the descending trendline down.
A continuation of the downward movement down to the next support at 1.61836 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.63208 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64597 |
2nd High | 1.64295 |
Next High | 1.63208 |
Current Price | 1.62381 |
Next Low | 1.61836 |
2nd Low | 1.61726 |
3rd Low | 1.61096 |