The currency pair jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 1.61849 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.63530 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64597 |
2nd High | 1.64295 |
Next High | 1.63530 |
Current Price | 1.63296 |
Next Low | 1.61849 |
2nd Low | 1.61392 |
3rd Low | 1.61336 |