The pair breaks through the descending trendline up.
An ascent up to the next resistance line at 1.49878 is expected.
Caution: A possible trend reversal in the direction of the support zone at 1.49692 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50709 |
2nd High | 1.49999 |
Next High | 1.49878 |
Current Price | 1.49911 |
Next Low | 1.49692 |
2nd Low | 1.48873 |
3rd Low | 1.48603 |