The pair goes from the ascending trendline downwards
A bearish descent down to the next support at 1.09653 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 1.09968 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.10393 |
2nd High | 1.10364 |
Next High | 1.09968 |
Current Price | 1.09756 |
Next Low | 1.09653 |
2nd Low | 1.09541 |
3rd Low | 1.09509 |