The currency pair jumps from the ascending trendline down.
A bearish descent down to the next support level at 4.104000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 4.194000000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.437000000 |
2nd High | 4.260000000 |
Next High | 4.194000000 |
Current Price | 4.034000000 |
Next Low | 4.104000000 |
2nd Low | 4.086000000 |
3rd Low | 3.962000000 |