EUR/USD – 30M – SELLThe pair goes from the bearish trendline down.
A continuation of the downward movement down to the next support at 1.11152 is certain.
Caution: A possible change in the direction of the resistance line at 1.11887 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12012 |
| 2nd High | 1.11902 |
| Next High | 1.11887 |
| Current Price | 1.10759 |
| Next Low | 1.11152 |
| 2nd Low | 1.11109 |
| 3rd Low | 1.10725 |