EUR/USD – 30M – SELLThe currency pair Euro/US Dollar (EUR/USD) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 1.04853 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 1.05155 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05370 |
| 2nd High | 1.05340 |
| Next High | 1.05155 |
| Current Price | 1.04969 |
| Next Low | 1.04853 |
| 2nd Low | 1.04794 |
| 3rd Low | 1.04744 |