EUR/USD – 30M – SELLThe pair goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 1.07818 is expected.
Caution: A possible change in the direction of the resistance line at 1.08392 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08589 |
| Next High | 1.08392 |
| Current Price | 1.08186 |
| Next Low | 1.07818 |
| 2nd Low | 1.07705 |
| 3rd Low | 1.07609 |