The currency pair breaks through the descending trendline up.
An ascent upwards to the next resistance line at 4.404000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 4.190000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.658000000 |
2nd High | 4.558000000 |
Next High | 4.404000000 |
Current Price | 4.331000000 |
Next Low | 4.190000000 |
2nd Low | 3.973000000 |
3rd Low | 3.929000000 |