EUR/USD – 30M – SELLThe combination jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 1.11163 is expected.
Caution: A possible change in the direction of the resistance line at 1.11676 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11887 |
| 2nd High | 1.11785 |
| Next High | 1.11676 |
| Current Price | 1.11587 |
| Next Low | 1.11163 |
| 2nd Low | 1.10684 |
| 3rd Low | 1.10053 |