The pair breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.94073 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.93824 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94333 |
2nd High | 0.94078 |
Next High | 0.94073 |
Current Price | 0.94002 |
Next Low | 0.93824 |
2nd Low | 0.93693 |
3rd Low | 0.93064 |