The currency pair goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 4.130000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 4.272000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.858000000 |
2nd High | 4.563000000 |
Next High | 4.272000000 |
Current Price | 4.113000000 |
Next Low | 4.130000000 |
2nd Low | 4.075000000 |
3rd Low | 3.989000000 |