The pair goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 4.051000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 4.563000000 should be noted.
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 | 4.209000000 |
Next Low | 4.051000000 |
2nd Low | 3.973000000 |
3rd Low | 3.929000000 |