The currency pair breaks through the descending trendline up.
A bullish movement up to the next resistance at 1.48234 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.47783 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49263 |
2nd High | 1.48440 |
Next High | 1.48234 |
Current Price | 1.48382 |
Next Low | 1.47783 |
2nd Low | |
3rd Low |