The pair goes from the ascending trendline down.
A bearish descent down to the next support at 1.37828 is likely expected.
Caution: A possible change in the direction of the resistance level at 1.38556 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.39463 |
Next High | 1.38556 |
Current Price | 1.38067 |
Next Low | 1.37828 |
2nd Low | 1.37801 |
3rd Low | 1.37703 |