The pair jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 1.50940 will continue.
Caution: A possible change in the direction of the resistance zone at 1.51375 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51756 |
2nd High | 1.51587 |
Next High | 1.51375 |
Current Price | 1.51333 |
Next Low | 1.50940 |
2nd Low | 1.50410 |
3rd Low | 1.50364 |