The currency pair goes from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.515500000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.539000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.654800000 |
2nd High | 0.634200000 |
Next High | 0.539000000 |
Current Price | 0.527700000 |
Next Low | 0.515500000 |
2nd Low | 0.510000000 |
3rd Low | 0.506800000 |