The pair goes from the ascending trendline downwards
A bearish trend downwards to the next support line at 1.49781 will persist.
Caution: A possible counter-trend in the direction of resistance at 1.50038 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50221 |
2nd High | 1.50072 |
Next High | 1.50038 |
Current Price | 1.50108 |
Next Low | 1.49781 |
2nd Low | 1.48862 |
3rd Low | 1.48603 |