EUR/USD – 30M – SELLThe currency pair jumps from the bullish trendline downwards
The bearish trend downwards to the next support level at 1.11109 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.11461 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11461 |
| Current Price | 1.11236 |
| Next Low | 1.11109 |
| 2nd Low | 1.10725 |
| 3rd Low | 1.10053 |