EUR/USD – 1H – SELLThe combination jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.09000 will persist.
Caution: A possible change in the direction of the resistance zone at 1.09546 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10364 |
| 2nd High | 1.09968 |
| Next High | 1.09546 |
| Current Price | 1.09387 |
| Next Low | 1.09000 |
| 2nd Low | 1.08817 |
| 3rd Low | 1.07778 |