The currency pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 1.25293 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.25706 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.26340 |
| 2nd High | 1.25938 |
| Next High | 1.25706 |
| Current Price | 1.25352 |
| Next Low | 1.25293 |
| 2nd Low | 1.24713 |
| 3rd Low | 1.24666 |