EUR/USD – 30M – SELLThe combination Euro/US Dollar (EUR/USD) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 1.04919 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.05349 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05842 |
| 2nd High | 1.05382 |
| Next High | 1.05349 |
| Current Price | 1.05138 |
| Next Low | 1.04919 |
| 2nd Low | 1.04806 |
| 3rd Low | 1.04604 |