The pair moves from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.93824 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.94217 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94434 |
2nd High | 0.94333 |
Next High | 0.94217 |
Current Price | 0.93875 |
Next Low | 0.93824 |
2nd Low | 0.93693 |
3rd Low | 0.93064 |