EUR/USD – 1H – SELLThe combination goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 1.08108 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.08714 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09014 |
| 2nd High | 1.08732 |
| Next High | 1.08714 |
| Current Price | 1.08072 |
| Next Low | 1.08108 |
| 2nd Low | |
| 3rd Low |