EUR/USD – 30M – SELLThe currency pair moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 1.11109 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.11301 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11551 |
| 2nd High | 1.11461 |
| Next High | 1.11301 |
| Current Price | 1.11185 |
| Next Low | 1.11109 |
| 2nd Low | 1.10725 |
| 3rd Low | 1.10053 |