The currency pair jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 4.908000000 is expected.
Caution: A possible change in the direction of the resistance line at 5.430000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 5.839000000 |
Next High | 5.430000000 |
Current Price | 5.037000000 |
Next Low | 4.908000000 |
2nd Low | 4.314000000 |
3rd Low | 4.239000000 |