The combination breaks through the descending trendline up.
A bullish trend up to the next resistance at 1.61811 will persist.
Caution: A possible change in the direction of the support level at 1.61336 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.63040 |
2nd High | 1.62649 |
Next High | 1.61811 |
Current Price | 1.62067 |
Next Low | 1.61336 |
2nd Low | 1.61096 |
3rd Low | 1.61029 |