EUR/USD – 1H – SELLThe combination jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at is certain.
Caution: A possible counter-trend in the direction of resistance at 1.06628 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08243 |
| 2nd High | 1.07971 |
| Next High | 1.06628 |
| Current Price | 1.06161 |
| Next Low | |
| 2nd Low | |
| 3rd Low |