EUR/USD – 30M – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 1.11163 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.11816 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11887 |
| Next High | 1.11816 |
| Current Price | 1.11372 |
| Next Low | 1.11163 |
| 2nd Low | 1.10684 |
| 3rd Low | 1.10053 |