EUR/USD – 30M – SELLThe pair jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 1.11247 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.12026 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.12026 |
| Current Price | 1.11686 |
| Next Low | 1.11247 |
| 2nd Low | 1.11213 |
| 3rd Low | 1.11032 |