The currency pair moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 153.740000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 161.780000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 162.300000000 |
2nd High | 162.000000000 |
Next High | 161.780000000 |
Current Price | 152.490000000 |
Next Low | 153.740000000 |
2nd Low | 146.570000000 |
3rd Low | 144.160000000 |