The currency pair breaks through the bearish trendline up.
An ascent upwards to the next resistance line at 3.949000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 3.845000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.215000000 |
2nd High | 3.996000000 |
Next High | 3.949000000 |
Current Price | 3.907000000 |
Next Low | 3.845000000 |
2nd Low | |
3rd Low |