EUR/USD – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the downward movement down to the next support level at 1.09259 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.09523 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09546 |
| 2nd High | 1.09535 |
| Next High | 1.09523 |
| Current Price | 1.09220 |
| Next Low | 1.09259 |
| 2nd Low | 1.09000 |
| 3rd Low | 1.08817 |