The currency pair goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.07818 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.08392 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.08714 |
2nd High | 1.08589 |
Next High | 1.08392 |
Current Price | 1.08133 |
Next Low | 1.07818 |
2nd Low | 1.07705 |
3rd Low | 1.07609 |