The combination goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 1.09150 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.09523 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09546 |
2nd High | 1.09535 |
Next High | 1.09523 |
Current Price | 1.09226 |
Next Low | 1.09150 |
2nd Low | 1.09000 |
3rd Low | 1.08817 |