The currency pair moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.006174000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.006693000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008015000 |
2nd High | 0.007564000 |
Next High | 0.006693000 |
Current Price | 0.006338000 |
Next Low | 0.006174000 |
2nd Low | 0.005817000 |
3rd Low | 0.005790000 |