EUR/USD – 30M – SELLThe pair Euro/US Dollar (EUR/USD) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 1.03883 will continue.
Caution: A possible counter-trend in the direction of resistance at 1.04052 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04175 |
| 2nd High | 1.04084 |
| Next High | 1.04052 |
| Current Price | 1.03949 |
| Next Low | 1.03883 |
| 2nd Low | 1.03839 |
| 3rd Low | 1.03430 |