The currency pair moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.93547 is certain.
Caution: A possible change in the direction of the resistance line at 0.94423 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94787 |
2nd High | 0.94608 |
Next High | 0.94423 |
Current Price | 0.93891 |
Next Low | 0.93547 |
2nd Low | 0.93484 |
3rd Low | 0.93320 |