The combination moves from the descending trendline up.
An ascent up to the next resistance line at 1.07871 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.07244 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08124 |
| 2nd High | 1.07902 |
| Next High | 1.07871 |
| Current Price | 1.07561 |
| Next Low | 1.07244 |
| 2nd Low | 1.06741 |
| 3rd Low | 1.06495 |