EUR/USD – 30M – SELLThe pair goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at is expected.
Caution: A possible change in the direction of the resistance level at 1.06628 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.06284 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.06628 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07971 |
| 2nd High | 1.07275 |
| Next High | 1.06628 |
| Current Price | 1.06098 |
| Next Low | |
| 2nd Low | |
| 3rd Low |