EUR/USD – 30M – SELLThe combination Euro/US Dollar (EUR/USD) jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 1.12099 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.13403 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.13752 |
| 2nd High | 1.13449 |
| Next High | 1.13403 |
| Current Price | 1.12716 |
| 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 – Three Black Crows