EUR/USD – 30M – SELLThe currency pair jumps from the ascending trendline down.
A descending movement down to the next support line at 1.11032 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.11431 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11816 |
| 2nd High | 1.11669 |
| Next High | 1.11431 |
| Current Price | 1.11352 |
| Next Low | 1.11032 |
| 2nd Low | 1.10830 |
| 3rd Low | 1.10684 |