EUR/USD – 1H – SELLThe pair goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 1.11109 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 1.11461 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11461 |
| Current Price | 1.11243 |
| Next Low | 1.11109 |
| 2nd Low | 1.10725 |
| 3rd Low | 1.10053 |