The pair moves from the ascending trendline downwards
A bearish descent down to the next support at 1.36467 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.36748 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.37368 |
2nd High | 1.36845 |
Next High | 1.36748 |
Current Price | 1.36805 |
Next Low | 1.36467 |
2nd Low | 1.36425 |
3rd Low | 1.36108 |