EUR/USD – 30M – SELLThe currency pair moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 1.07670 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.08243 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09523 |
| 2nd High | 1.09367 |
| Next High | 1.08243 |
| Current Price | 1.07814 |
| Next Low | 1.07670 |
| 2nd Low | 1.07123 |
| 3rd Low | 1.06821 |