EUR/USD – 30M – SELLThe pair moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 1.07705 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.08296 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08589 |
| 2nd High | 1.08377 |
| Next High | 1.08296 |
| Current Price | 1.08229 |
| Next Low | 1.07705 |
| 2nd Low | 1.07609 |
| 3rd Low |