EUR/USD – 30M – SELLThe pair Euro/US Dollar (EUR/USD) goes from the descending trendline downwards
A continuation of the downward movement down to the next support level at 1.05136 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.05545 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.06094 |
| Next High | 1.05545 |
| Current Price | 1.05108 |
| Next Low | 1.05136 |
| 2nd Low | 1.05064 |
| 3rd Low | 1.04961 |