The currency pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 67.700000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 71.250000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 75.880000000 |
2nd High | 74.380000000 |
Next High | 71.250000000 |
Current Price | 70.240000000 |
Next Low | 67.700000000 |
2nd Low | 66.790000000 |
3rd Low | 65.270000000 |