The currency pair moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 60753.970000000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 62370.560000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 64130.630000000 |
2nd High | 62484.850000000 |
Next High | 62370.560000000 |
Current Price | 61878.660000000 |
Next Low | 60753.970000000 |
2nd Low | 59828.110000000 |
3rd Low | 59174.800000000 |