EUR/USD – 30M – SELLThe pair moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.09507 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 1.09806 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10364 |
| 2nd High | 1.09968 |
| Next High | 1.09806 |
| Current Price | 1.09475 |
| Next Low | 1.09507 |
| 2nd Low | 1.09494 |
| 3rd Low | 1.09136 |