EUR/USD – 30M – SELLThe currency pair goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 1.11359 is expected.
Caution: A possible trend reversal in the direction of resistance at 1.11816 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11887 |
| Next High | 1.11816 |
| Current Price | 1.11583 |
| Next Low | 1.11359 |
| 2nd Low | 1.11163 |
| 3rd Low | 1.10684 |