The combination goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 1.09150 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.09363 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09546 |
2nd High | 1.09535 |
Next High | 1.09363 |
Current Price | 1.09064 |
Next Low | 1.09150 |
2nd Low | 1.09000 |
3rd Low | 1.08817 |