EUR/USD – 1H – SELLThe combination jumps from the ascending trendline downwards
A bearish trend down to the next support level at 1.10684 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.11887 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12012 |
| 2nd High | 1.11902 |
| Next High | 1.11887 |
| Current Price | 1.11578 |
| Next Low | 1.10684 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |