The currency pair moves from the bullish trendline down.
The bearish trend downwards to the next support level at 0.84147 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.84930 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85159 |
2nd High | 0.85058 |
Next High | 0.84930 |
Current Price | 0.84391 |
Next Low | 0.84147 |
2nd Low | 0.83905 |
3rd Low | 0.83740 |