EUR/USD – 30M – SELLThe pair jumps from the bullish trendline down.
The bearish trend downwards to the next support level at 1.08316 is expected.
Caution: A possible trend reversal in the direction of resistance at 1.09045 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09165 |
| 2nd High | 1.09054 |
| Next High | 1.09045 |
| Current Price | 1.09042 |
| Next Low | 1.08316 |
| 2nd Low | 1.07688 |
| 3rd Low | 1.07609 |