The currency pair goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.006174000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.006693000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008015000 |
2nd High | 0.007564000 |
Next High | 0.006693000 |
Current Price | 0.006164000 |
Next Low | 0.006174000 |
2nd Low | 0.005817000 |
3rd Low | 0.005790000 |