EUR/USD – 1H – SELLThe pair Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards
A bearish descent down to the next support at 1.03430 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.04471 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05155 |
| 2nd High | 1.05124 |
| Next High | 1.04471 |
| Current Price | 1.04051 |
| Next Low | 1.03430 |
| 2nd Low | 1.03328 |
| 3rd Low |