EUR/USD – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downtrend down to the next support level at 1.11256 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.11759 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12136 |
| 2nd High | 1.11889 |
| Next High | 1.11759 |
| Current Price | 1.11606 |
| Next Low | 1.11256 |
| 2nd Low | 1.11213 |
| 3rd Low | 1.11032 |