The currency pair moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.61068 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.61446 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.63783 |
2nd High | 0.63131 |
Next High | 0.61446 |
Current Price | 0.61167 |
Next Low | 0.61068 |
2nd Low | 0.61060 |
3rd Low | 0.59739 |