The currency pair jumps from the ascending trendline downwards
A bearish movement downwards to the next support at 0.84384 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.84536 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.84630 |
2nd High | 0.84550 |
Next High | 0.84536 |
Current Price | 0.84435 |
Next Low | 0.84384 |
2nd Low | 0.84179 |
3rd Low | 0.84111 |