EUR/USD – 1H – SELLThe pair goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at 1.11135 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.12086 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.12086 |
| Current Price | 1.10950 |
| Next Low | 1.11135 |
| 2nd Low | 1.11032 |
| 3rd Low | 1.10830 |