EUR/USD – 30M – SELLThe combination jumps from the ascending trendline down.
A descending movement down to the next support at 1.08464 is expected.
Caution: A possible counter-trend in the direction of resistance at 1.08884 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09165 |
| 2nd High | 1.09014 |
| Next High | 1.08884 |
| Current Price | 1.08694 |
| Next Low | 1.08464 |
| 2nd Low | 1.07688 |
| 3rd Low | 1.07609 |