EUR/USD – 30M – SELLThe combination jumps from the bullish trendline downwards
A bearish trend down to the next support line at 1.11462 is likely expected.
Caution: A possible change in the direction of the resistance zone at 1.12086 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.12086 |
| Current Price | 1.11212 |
| Next Low | 1.11462 |
| 2nd Low | 1.11247 |
| 3rd Low | 1.11213 |