EUR/USD – 30M – SELLThe pair jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.10281 is likely expected.
Caution: A possible change in the direction of resistance at 1.10492 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10908 |
| 2nd High | 1.10533 |
| Next High | 1.10492 |
| Current Price | 1.10309 |
| Next Low | 1.10281 |
| 2nd Low | 1.10260 |
| 3rd Low | 1.09830 |