EUR/USD – 30M – SELLThe currency pair Euro/US Dollar (EUR/USD) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.06542 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07275 |
| 2nd High | 1.06628 |
| Next High | 1.06542 |
| Current Price | 1.05585 |
| Next Low | |
| 2nd Low | |
| 3rd Low |