EUR/USD – 30M – SELLThe pair Euro/US Dollar (EUR/USD) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 1.05159 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.05502 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.05925 |
| Next High | 1.05502 |
| Current Price | 1.05402 |
| Next Low | 1.05159 |
| 2nd Low | 1.05118 |
| 3rd Low | 1.04961 |