The combination jumps from the ascending trendline downwards
A descent downwards to the next support at 0.85605 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.85838 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85977 |
2nd High | 0.85902 |
Next High | 0.85838 |
Current Price | 0.85729 |
Next Low | 0.85605 |
2nd Low | 0.85299 |
3rd Low | 0.84997 |