EUR/USD – 30M – SELLThe combination Euro/US Dollar (EUR/USD) moves from the ascending trendline downwards
The bearish trend down to the next support at 1.03832 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.04095 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04452 |
| 2nd High | 1.04175 |
| Next High | 1.04095 |
| Current Price | 1.03999 |
| Next Low | 1.03832 |
| 2nd Low | 1.03430 |
| 3rd Low | 1.03328 |