The currency pair goes from the bullish trendline down.
A bearish movement downwards to the next support at 0.544000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.552400000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.634200000 |
2nd High | 0.627400000 |
Next High | 0.552400000 |
Current Price | 0.551500000 |
Next Low | 0.544000000 |
2nd Low | 0.525200000 |
3rd Low | 0.524300000 |