EUR/USD – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 1.07705 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.08063 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08589 |
| 2nd High | 1.08377 |
| Next High | 1.08063 |
| Current Price | 1.07979 |
| Next Low | 1.07705 |
| 2nd Low | 1.07609 |
| 3rd Low |