The currency pair jumps from the bearish trendline upwards
A bullish movement upwards to the next resistance at 1.07871 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.07244 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08124 |
| 2nd High | 1.07902 |
| Next High | 1.07871 |
| Current Price | 1.07547 |
| Next Low | 1.07244 |
| 2nd Low | 1.06741 |
| 3rd Low | 1.06495 |