The combination moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 1.29343 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.29928 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.30147 |
2nd High | 1.29985 |
Next High | 1.29928 |
Current Price | 1.29820 |
Next Low | 1.29343 |
2nd Low | 1.29157 |
3rd Low | 1.28841 |