The currency pair goes from the descending trendline down.
A continuation of the downtrend down to the next support at 0.007325000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.008015000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008302000 |
2nd High | 0.008059000 |
Next High | 0.008015000 |
Current Price | 0.007595000 |
Next Low | 0.007325000 |
2nd Low | 0.006714000 |
3rd Low | 0.006467000 |