The currency pair jumps from the bullish trendline down.
A bearish descent downwards to the next support line at 0.006714000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.007438000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.007822000 |
2nd High | 0.007654000 |
Next High | 0.007438000 |
Current Price | 0.007272000 |
Next Low | 0.006714000 |
2nd Low | 0.006704000 |
3rd Low | 0.006467000 |