The currency pair jumps from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.583700000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.590300000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.605300000 |
2nd High | 0.596000000 |
Next High | 0.590300000 |
Current Price | 0.585500000 |
Next Low | 0.583700000 |
2nd Low | 0.577800000 |
3rd Low | 0.576300000 |