The currency pair jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 4.058000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 4.176000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.363000000 |
2nd High | 4.288000000 |
Next High | 4.176000000 |
Current Price | 4.056000000 |
Next Low | 4.058000000 |
2nd Low | 3.929000000 |
3rd Low | 3.868000000 |