The pair goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 1.08109 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.08714 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09014 |
2nd High | 1.08732 |
Next High | 1.08714 |
Current Price | 1.08153 |
Next Low | 1.08109 |
2nd Low | |
3rd Low |