The currency pair jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.10082 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.10393 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.10825 |
2nd High | 1.10468 |
Next High | 1.10393 |
Current Price | 1.09612 |
Next Low | 1.10082 |
2nd Low | 1.10053 |
3rd Low | 1.10018 |