The currency pair jumps from the bullish trendline down.
A descending movement downwards to the next support line at 4.233000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.964000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 5.100000000 |
Next High | 4.964000000 |
Current Price | 4.038000000 |
Next Low | 4.233000000 |
2nd Low | 3.973000000 |
3rd Low | 3.868000000 |