The combination breaks through the descending trendline upwards
A bullish trend up to the next resistance level at 1.62649 is considered certain.
Caution: A possible change in the direction of the support line at 1.61489 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.63273 |
2nd High | 1.63040 |
Next High | 1.62649 |
Current Price | 1.61789 |
Next Low | 1.61489 |
2nd Low | 1.61096 |
3rd Low | 1.61029 |