The pair moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 0.007093000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.007589000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008347000 |
2nd High | 0.008098000 |
Next High | 0.007589000 |
Current Price | 0.007034000 |
Next Low | 0.007093000 |
2nd Low | 0.005957000 |
3rd Low | 0.005677000 |