The currency pair goes from the ascending trendline downwards
A bearish movement down to the next support line at 4.173000000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 4.272000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.386000000 |
2nd High | 4.351000000 |
Next High | 4.272000000 |
Current Price | 4.208000000 |
Next Low | 4.173000000 |
2nd Low | 4.146000000 |
3rd Low | 4.086000000 |