The currency pair goes from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 1.08529 is certain.
Caution: A possible change in the direction of the resistance zone at 1.09014 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09363 |
2nd High | 1.09165 |
Next High | 1.09014 |
Current Price | 1.08526 |
Next Low | 1.08529 |
2nd Low | |
3rd Low |