The combination moves from the ascending trendline down.
A bearish descent down to the next support level at 0.62586 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.62797 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.62988 |
Next High | 0.62797 |
Current Price | 0.62619 |
Next Low | 0.62586 |
2nd Low | 0.62248 |
3rd Low | 0.62095 |