EUR/USD – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.07609 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.08063 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08589 |
| 2nd High | 1.08377 |
| Next High | 1.08063 |
| Current Price | 1.07820 |
| Next Low | 1.07609 |
| 2nd Low | |
| 3rd Low |