The pair goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.07540 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.07902 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08662 |
| 2nd High | 1.08124 |
| Next High | 1.07902 |
| Current Price | 1.07514 |
| Next Low | 1.07540 |
| 2nd Low | 1.06741 |
| 3rd Low | 1.06495 |