The pair jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.008431000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.009114000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.009604000 |
2nd High | 0.009384000 |
Next High | 0.009114000 |
Current Price | 0.008628000 |
Next Low | 0.008431000 |
2nd Low | 0.007451000 |
3rd Low | 0.007025000 |