The currency pair moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.82984 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.84426 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.84529 |
2nd High | 0.84474 |
Next High | 0.84426 |
Current Price | 0.83899 |
Next Low | 0.82984 |
2nd Low | 0.82946 |
3rd Low |