EUR/USD – 30M – SELLThe currency pair goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.08063 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08589 |
| 2nd High | 1.08377 |
| Next High | 1.08063 |
| Current Price | 1.07713 |
| Next Low | |
| 2nd Low | |
| 3rd Low |