EUR/USD – 30M – SELLThe pair Euro/US Dollar (EUR/USD) moves from the ascending trendline down.
A bearish descent downwards to the next support at 1.04051 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.04299 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04471 |
| 2nd High | 1.04452 |
| Next High | 1.04299 |
| Current Price | 1.04323 |
| Next Low | 1.04051 |
| 2nd Low | 1.03904 |
| 3rd Low | 1.03832 |