The currency pair moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.497700000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.511100000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.524400000 |
2nd High | 0.523700000 |
Next High | 0.511100000 |
Current Price | 0.503700000 |
Next Low | 0.497700000 |
2nd Low | 0.486000000 |
3rd Low |