EUR/USD – 30M – SELLThe currency pair Euro/US Dollar (EUR/USD) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 1.04853 is considered certain.
Caution: A possible change in the direction of resistance at 1.05124 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05340 |
| 2nd High | 1.05155 |
| Next High | 1.05124 |
| Current Price | 1.04738 |
| Next Low | 1.04853 |
| 2nd Low | 1.04794 |
| 3rd Low | 1.04744 |