EUR/USD – 30M – SELLThe pair jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 1.09653 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.09968 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10393 |
| 2nd High | 1.10364 |
| Next High | 1.09968 |
| Current Price | 1.09706 |
| Next Low | 1.09653 |
| 2nd Low | 1.09541 |
| 3rd Low | 1.09509 |