The pair moves from the ascending trendline down.
The bearish trend downwards to the next support level at 157.51300 is expected.
Caution: A possible counter-trend in the direction of resistance at 158.22800 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.21700 |
| 2nd High | 158.25300 |
| Next High | 158.22800 |
| Current Price | 157.76300 |
| Next Low | 157.51300 |
| 2nd Low | 157.15400 |
| 3rd Low | 156.57800 |