EUR/USD – 30M – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.09358 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.09457 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09968 |
| 2nd High | 1.09806 |
| Next High | 1.09457 |
| Current Price | 1.09364 |
| Next Low | 1.09358 |
| 2nd Low | 1.09136 |
| 3rd Low | 1.09102 |