The currency pair jumps from the bearish trendline down.
A continuation of the downward movement down to the next support line at 1.49781 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.50233 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51506 |
2nd High | 1.50950 |
Next High | 1.50233 |
Current Price | 1.49935 |
Next Low | 1.49781 |
2nd Low | 1.48862 |
3rd Low | 1.48603 |