The combination moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.62029 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.62907 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.63192 |
2nd High | 1.62974 |
Next High | 1.62907 |
Current Price | 1.62341 |
Next Low | 1.62029 |
2nd Low | 1.61096 |
3rd Low | 1.61029 |