EUR/USD – 30M – SELLThe currency pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.05275 will persist.
Caution: A possible counter-trend in the direction of resistance at 1.05842 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06094 |
| 2nd High | 1.05969 |
| Next High | 1.05842 |
| Current Price | 1.05014 |
| Next Low | 1.05275 |
| 2nd Low | 1.04744 |
| 3rd Low | 1.04571 |