EUR/USD – 30M – SELLThe pair goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 1.07123 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.08243 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09523 |
| 2nd High | 1.09367 |
| Next High | 1.08243 |
| Current Price | 1.07951 |
| Next Low | 1.07123 |
| 2nd Low | 1.06821 |
| 3rd Low |