EUR/USD – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the downward movement down to the next support line at 1.09494 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.10364 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10468 |
| 2nd High | 1.10393 |
| Next High | 1.10364 |
| Current Price | 1.09533 |
| Next Low | 1.09494 |
| 2nd Low | 1.09136 |
| 3rd Low | 1.09102 |