The pair moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 4.045000000 is expected.
Caution: A possible change in the direction of the resistance zone at 4.272000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.858000000 |
2nd High | 4.563000000 |
Next High | 4.272000000 |
Current Price | 4.092000000 |
Next Low | 4.045000000 |
2nd Low | 3.989000000 |
3rd Low | 3.973000000 |