The currency pair moves from the ascending trendline down.
A descent downwards to the next support level at 1.35783 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.35907 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36470 |
2nd High | 1.36002 |
Next High | 1.35907 |
Current Price | 1.36236 |
Next Low | 1.35783 |
2nd Low | 1.35611 |
3rd Low | 1.35503 |