The currency pair jumps from the bullish trendline down.
A descent downwards to the next support at 4.051000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 4.563000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.964000000 |
2nd High | 4.858000000 |
Next High | 4.563000000 |
Current Price | 4.147000000 |
Next Low | 4.051000000 |
2nd Low | 3.973000000 |
3rd Low | 3.929000000 |