EUR/USD – 1H – SELLThe combination goes from the ascending trendline downwards
A bearish trend down to the next support level at 1.11032 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.12012 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.12012 |
| Current Price | 1.11430 |
| Next Low | 1.11032 |
| 2nd Low | 1.10830 |
| 3rd Low | 1.10684 |