EUR/USD – 1H – SELLThe combination moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 1.09541 is expected.
Caution: A possible trend reversal in the direction of resistance at 1.09866 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10393 |
| 2nd High | 1.10364 |
| Next High | 1.09866 |
| Current Price | 1.09874 |
| Next Low | 1.09541 |
| 2nd Low | 1.09509 |
| 3rd Low | 1.09494 |