The currency pair jumps from the ascending trendline downwards
A descending movement down to the next support line at 4.852000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.941000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.100000000 |
2nd High | 4.964000000 |
Next High | 4.941000000 |
Current Price | 4.854000000 |
Next Low | 4.852000000 |
2nd Low | 4.849000000 |
3rd Low | 4.756000000 |