EUR/USD – 1H – SELLThe combination jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at will persist.
Caution: A possible counter-trend in the direction of resistance at 1.09165 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09535 |
| 2nd High | 1.09363 |
| Next High | 1.09165 |
| Current Price | 1.08621 |
| Next Low | |
| 2nd Low | |
| 3rd Low |