EUR/USD – 30M – SELLThe currency pair goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 1.07918 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.08377 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08589 |
| Next High | 1.08377 |
| Current Price | 1.07925 |
| Next Low | 1.07918 |
| 2nd Low | |
| 3rd Low |