The currency pair jumps from the ascending trendline downwards
A bearish trend downwards to the next support level at 0.038810000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.039870000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041810000 |
2nd High | 0.041500000 |
Next High | 0.039870000 |
Current Price | 0.039180000 |
Next Low | 0.038810000 |
2nd Low | 0.038510000 |
3rd Low | 0.038410000 |