EUR/USD – 1H – SELLThe pair moves from the bullish trendline downwards
A descent down to the next support line at 1.11247 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.12026 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.12026 |
| Current Price | 1.11685 |
| Next Low | 1.11247 |
| 2nd Low | 1.11213 |
| 3rd Low | 1.11032 |