EUR/USD – 30M – SELLThe pair moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 1.08881 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.09101 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09523 |
| 2nd High | 1.09363 |
| Next High | 1.09101 |
| Current Price | 1.08992 |
| Next Low | 1.08881 |
| 2nd Low | 1.08817 |
| 3rd Low | 1.07816 |