The currency pair goes from the ascending trendline down.
A bearish descent downwards to the next support at 0.000008220 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000008990 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000009350 |
2nd High | 0.000009000 |
Next High | 0.000008990 |
Current Price | 0.000008420 |
Next Low | 0.000008220 |
2nd Low | 0.000007950 |
3rd Low | 0.000007730 |