The currency pair jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 4.045000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 4.272000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.858000000 |
2nd High | 4.563000000 |
Next High | 4.272000000 |
Current Price | 4.131000000 |
Next Low | 4.045000000 |
2nd Low | 3.989000000 |
3rd Low | 3.973000000 |