The currency pair moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 30.010000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 37.490000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 37.490000000 |
Current Price | 32.480000000 |
Next Low | 30.010000000 |
2nd Low | 28.490000000 |
3rd Low | 26.510000000 |