The currency pair moves from the ascending trendline down.
The bearish trend downwards to the next support line at 4.146000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 4.251000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.386000000 |
2nd High | 4.351000000 |
Next High | 4.251000000 |
Current Price | 4.173000000 |
Next Low | 4.146000000 |
2nd Low | 4.086000000 |
3rd Low | 3.962000000 |