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 line at 1.13395 is expected.
Caution: A possible change in the direction of the resistance zone at 1.13883 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.13564 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.13883 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.14395 |
| 2nd High | 1.13975 |
| Next High | 1.13883 |
| Current Price | 1.13639 |
| Next Low | 1.13395 |
| 2nd Low | 1.13326 |
| 3rd Low | 1.13153 |
1.13883 – 1.13681 – 1.13975 – 1.13395 – 1.13326 – 1.13153