EUR/USD – 30M – SELLThe combination moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 1.11522 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.11816 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11887 |
| Next High | 1.11816 |
| Current Price | 1.11587 |
| Next Low | 1.11522 |
| 2nd Low | 1.11163 |
| 3rd Low | 1.10684 |