The pair moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.038570000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.040470000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041500000 |
2nd High | 0.040570000 |
Next High | 0.040470000 |
Current Price | 0.038520000 |
Next Low | 0.038570000 |
2nd Low | 0.038390000 |
3rd Low | 0.038330000 |