The currency pair goes from the ascending trendline down.
A bearish trend down to the next support at 0.584000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.625900000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.643400000 |
2nd High | 0.631000000 |
Next High | 0.625900000 |
Current Price | 0.624300000 |
Next Low | 0.584000000 |
2nd Low | 0.573900000 |
3rd Low | 0.562000000 |