The pair goes from the bullish trendline down.
A descent downwards to the next support line at 1.24666 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.26340 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28032 |
| 2nd High | 1.27088 |
| Next High | 1.26340 |
| Current Price | 1.24953 |
| Next Low | 1.24666 |
| 2nd Low | 1.22998 |
| 3rd Low |