The pair moves from the ascending trendline down.
A bearish descent down to the next support line at 0.564600000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.590600000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.599200000 |
2nd High | 0.591600000 |
Next High | 0.590600000 |
Current Price | 0.587400000 |
Next Low | 0.564600000 |
2nd Low | 0.559800000 |
3rd Low | 0.555600000 |