The currency pair moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 163.430000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 167.860000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 174.000000000 |
2nd High | 168.610000000 |
Next High | 167.860000000 |
Current Price | 163.980000000 |
Next Low | 163.430000000 |
2nd Low | 159.120000000 |
3rd Low | 157.580000000 |