EUR/USD – 30M – BUYThe pair Euro/US Dollar (EUR/USD) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.12099 is expected.
Caution: A possible change in the direction of the resistance zone at 1.13403 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.13752 |
| 2nd High | 1.13449 |
| Next High | 1.13403 |
| Current Price | 1.12851 |
| Next Low | 1.12099 |
| 2nd Low | 1.11307 |
| 3rd Low | 1.10967 |
1.13403 – 1.13449 – 1.13752 – 1.12099 – 1.12835 – 1.12952
Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low