The currency pair goes from the descending trendline downwards
A continuation of the downward movement down to the next support level at 4.190000000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 4.563000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.964000000 |
2nd High | 4.858000000 |
Next High | 4.563000000 |
Current Price | 4.167000000 |
Next Low | 4.190000000 |
2nd Low | 3.973000000 |
3rd Low | 3.929000000 |