The pair moves from the ascending trendline downwards
The bearish trend down to the next support at 4.181000000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 4.351000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.411000000 |
2nd High | 4.386000000 |
Next High | 4.351000000 |
Current Price | 4.172000000 |
Next Low | 4.181000000 |
2nd Low | 4.086000000 |
3rd Low | 3.962000000 |