The combination moves from the descending trendline down.
A continuation of the downtrend down to the next support at 1.08109 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.08732 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09165 |
2nd High | 1.09014 |
Next High | 1.08732 |
Current Price | 1.08531 |
Next Low | 1.08109 |
2nd Low | |
3rd Low |