EUR/USD – 30M – SELLThe pair moves from the bullish trendline down.
A bearish trend downwards to the next support line at 1.10684 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.11887 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12012 |
| 2nd High | 1.11902 |
| Next High | 1.11887 |
| Current Price | 1.11578 |
| Next Low | 1.10684 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |