The currency pair goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 153.40900 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 155.68400 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.21700 |
| 2nd High | 157.98400 |
| Next High | 155.68400 |
| Current Price | 155.47400 |
| Next Low | 153.40900 |
| 2nd Low | 151.85600 |
| 3rd Low | 151.56700 |