The pair jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 1.63261 is considered certain.
Caution: A possible change in the direction of the resistance zone at 1.64597 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64850 |
2nd High | 1.64756 |
Next High | 1.64597 |
Current Price | 1.64420 |
Next Low | 1.63261 |
2nd Low | 1.62933 |
3rd Low | 1.61849 |