EUR/USD – 30M – SELLThe currency pair jumps from the ascending trendline downwards
A bearish descent down to the next support level at 1.08464 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.08884 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09165 |
| 2nd High | 1.09014 |
| Next High | 1.08884 |
| Current Price | 1.08603 |
| Next Low | 1.08464 |
| 2nd Low | 1.07688 |
| 3rd Low | 1.07609 |