The currency pair Euro/US Dollar (EUR/USD) moves from the bullish trendline downwards
A bearish trend down to the next support level at 1.04744 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.05873 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06542 |
2nd High | 1.06094 |
Next High | 1.05873 |
Current Price | 1.05318 |
Next Low | 1.04744 |
2nd Low | 1.04571 |
3rd Low | 1.04252 |