The combination jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.07818 is expected.
Caution: A possible change in the direction of resistance at 1.08392 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.08714 |
2nd High | 1.08589 |
Next High | 1.08392 |
Current Price | 1.08152 |
Next Low | 1.07818 |
2nd Low | 1.07705 |
3rd Low | 1.07609 |