The currency pair jumps from the ascending trendline downwards
A bearish trend down to the next support level at 1.61849 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.62834 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.63273 |
2nd High | 1.63040 |
Next High | 1.62834 |
Current Price | 1.62909 |
Next Low | 1.61849 |
2nd Low | 1.61392 |
3rd Low | 1.61336 |