EUR/USD – 1H – SELLThe currency pair Euro/US Dollar (EUR/USD) moves from the ascending trendline downwards
A descent down to the next support at 1.14742 is expected.
Caution: A possible counter-trend in the direction of resistance at 1.15797 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16311 |
| 2nd High | 1.16144 |
| Next High | 1.15797 |
| Current Price | 1.14755 |
| Next Low | 1.14742 |
| 2nd Low | 1.14051 |
| 3rd Low | 1.13726 |
1.15797 – 1.16144 – 1.15691 – 1.14742 – 1.15422 – 1.15234