The currency pair goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.93855 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.94353 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94787 |
2nd High | 0.94608 |
Next High | 0.94353 |
Current Price | 0.93761 |
Next Low | 0.93855 |
2nd Low | 0.93800 |
3rd Low | 0.93732 |