The pair jumps from the ascending trendline down.
A bearish descent down to the next support line at 4.746000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.930000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.964000000 |
2nd High | 4.941000000 |
Next High | 4.930000000 |
Current Price | 4.788000000 |
Next Low | 4.746000000 |
2nd Low | 4.564000000 |
3rd Low | 4.486000000 |