EUR/USD – 30M – SELLThe pair jumps from the ascending trendline down.
A descending movement down to the next support at 1.11160 is expected.
Caution: A possible change in the direction of the resistance level at 1.11332 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11551 |
| 2nd High | 1.11373 |
| Next High | 1.11332 |
| Current Price | 1.11262 |
| Next Low | 1.11160 |
| 2nd Low | 1.10725 |
| 3rd Low | 1.10053 |