EUR/USD – 30M – SELLThe pair jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 1.07670 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.08243 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09523 |
| 2nd High | 1.09367 |
| Next High | 1.08243 |
| Current Price | 1.07713 |
| Next Low | 1.07670 |
| 2nd Low | 1.07123 |
| 3rd Low | 1.06821 |