The pair moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 1.09259 will continue.
Caution: A possible change in the direction of the resistance zone at 1.09523 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09546 |
2nd High | 1.09535 |
Next High | 1.09523 |
Current Price | 1.09301 |
Next Low | 1.09259 |
2nd Low | 1.09000 |
3rd Low | 1.08817 |