The currency pair moves from the ascending trendline downwards
A bearish descent down to the next support at 4.130000000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 4.255000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.272000000 |
Next High | 4.255000000 |
Current Price | 4.180000000 |
Next Low | 4.130000000 |
2nd Low | 4.097000000 |
3rd Low | 4.075000000 |