The currency pair goes from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 26.820000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 29.320000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 30.850000000 |
2nd High | 29.870000000 |
Next High | 29.320000000 |
Current Price | 26.890000000 |
Next Low | 26.820000000 |
2nd Low | 25.060000000 |
3rd Low | 23.900000000 |