The currency pair goes from the ascending trendline down.
A descent downwards to the next support level at 25.060000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 29.620000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 30.850000000 |
2nd High | 29.870000000 |
Next High | 29.620000000 |
Current Price | 27.480000000 |
Next Low | 25.060000000 |
2nd Low | 23.900000000 |
3rd Low | 22.790000000 |