EUR/USD – 1H – SELLThe currency pair moves from the bullish trendline down.
The bearish trend down to the next support level at 1.11256 is expected.
Caution: A possible change in the direction of resistance at 1.11889 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.11889 |
| Current Price | 1.11780 |
| Next Low | 1.11256 |
| 2nd Low | 1.11213 |
| 3rd Low | 1.11032 |