The currency pair moves from the ascending trendline down.
The bearish trend downwards to the next support line at 0.007025000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.008285000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008386000 |
2nd High | 0.008302000 |
Next High | 0.008285000 |
Current Price | 0.007640000 |
Next Low | 0.007025000 |
2nd Low | 0.007004000 |
3rd Low | 0.005957000 |