EUR/USD – 30M – SELLThe pair goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 1.05946 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.06291 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07275 |
| 2nd High | 1.06628 |
| Next High | 1.06291 |
| Current Price | 1.06061 |
| Next Low | 1.05946 |
| 2nd Low | |
| 3rd Low |