The currency pair jumps from the ascending trendline down.
A descent down to the next support at 71.890000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 74.870000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 74.870000000 |
Current Price | 74.850000000 |
Next Low | 71.890000000 |
2nd Low | 69.320000000 |
3rd Low | 65.270000000 |