The pair goes from the ascending trendline down.
The bearish trend down to the next support at 0.348200000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.371100000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.404200000 |
2nd High | 0.386000000 |
Next High | 0.371100000 |
Current Price | 0.355600000 |
Next Low | 0.348200000 |
2nd Low | 0.343900000 |
3rd Low | 0.339300000 |