EUR/USD – 30M – SELLThe pair goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 1.09000 will persist.
Caution: A possible trend reversal in the direction of resistance at 1.09546 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09968 |
| 2nd High | 1.09806 |
| Next High | 1.09546 |
| Current Price | 1.09315 |
| Next Low | 1.09000 |
| 2nd Low | 1.08817 |
| 3rd Low | 1.07816 |