The currency pair goes from the ascending trendline down.
The bearish trend down to the next support level at 0.573900000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.596400000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.631000000 |
2nd High | 0.612800000 |
Next High | 0.596400000 |
Current Price | 0.587100000 |
Next Low | 0.573900000 |
2nd Low | 0.562000000 |
3rd Low | 0.559800000 |