EUR/USD – 30M – SELLThe combination goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 1.10339 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.10533 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11551 |
| 2nd High | 1.10908 |
| Next High | 1.10533 |
| Current Price | 1.10294 |
| Next Low | 1.10339 |
| 2nd Low | 1.10260 |
| 3rd Low | 1.09830 |