The currency pair jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.09259 will persist.
Caution: A possible change in the direction of the resistance line at 1.09535 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09806 |
2nd High | 1.09546 |
Next High | 1.09535 |
Current Price | 1.09330 |
Next Low | 1.09259 |
2nd Low | 1.09000 |
3rd Low | 1.08817 |