EUR/USD – 1H – SELLThe pair jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 1.10684 will continue.
Caution: A possible change in the direction of the resistance line at 1.11785 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11887 |
| Next High | 1.11785 |
| Current Price | 1.11436 |
| Next Low | 1.10684 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |