The combination moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.93768 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.94787 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.95080 |
2nd High | 0.94978 |
Next High | 0.94787 |
Current Price | 0.94109 |
Next Low | 0.93768 |
2nd Low | 0.93693 |
3rd Low | 0.93064 |