The currency pair jumps from the ascending trendline down.
A bearish trend down to the next support at 0.356700000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.366000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.386000000 |
2nd High | 0.368500000 |
Next High | 0.366000000 |
Current Price | 0.359400000 |
Next Low | 0.356700000 |
2nd Low | 0.342200000 |
3rd Low | 0.331500000 |