EUR/USD – 30M – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 1.10245 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.10825 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12086 |
| 2nd High | 1.11438 |
| Next High | 1.10825 |
| Current Price | 1.10167 |
| Next Low | 1.10245 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |