EUR/USD – 30M – SELLThe pair jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 1.11156 will persist.
Caution: A possible trend reversal in the direction of resistance at 1.11461 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11461 |
| Current Price | 1.11158 |
| Next Low | 1.11156 |
| 2nd Low | 1.10725 |
| 3rd Low | 1.10053 |