The pair jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 4.104000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.260000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.615000000 |
2nd High | 4.437000000 |
Next High | 4.260000000 |
Current Price | 4.121000000 |
Next Low | 4.104000000 |
2nd Low | 4.086000000 |
3rd Low | 3.962000000 |