EUR/USD – 30M – SELLThe combination jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 1.07705 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.08296 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08589 |
| 2nd High | 1.08377 |
| Next High | 1.08296 |
| Current Price | 1.08224 |
| Next Low | 1.07705 |
| 2nd Low | 1.07609 |
| 3rd Low |