EUR/USD – 30M – SELLThe pair goes from the bearish trendline down.
A continuation of the downward movement down to the next support at 1.09509 is likely expected.
Caution: A possible change in the direction of the resistance line at 1.09773 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10393 |
| 2nd High | 1.10364 |
| Next High | 1.09773 |
| Current Price | 1.09631 |
| Next Low | 1.09509 |
| 2nd Low | 1.09494 |
| 3rd Low | 1.09136 |