The currency pair breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.353400000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.342200000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.371100000 |
2nd High | 0.361100000 |
Next High | 0.353400000 |
Current Price | 0.349200000 |
Next Low | 0.342200000 |
2nd Low | 0.331500000 |
3rd Low | 0.327200000 |