EUR/USD – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 1.08134 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.08392 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08589 |
| Next High | 1.08392 |
| Current Price | 1.07883 |
| Next Low | 1.08134 |
| 2nd Low | 1.07705 |
| 3rd Low | 1.07609 |