EUR/USD – 1H – SELLThe combination jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 1.07705 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.08296 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08377 |
| Next High | 1.08296 |
| Current Price | 1.08213 |
| Next Low | 1.07705 |
| 2nd Low | 1.07609 |
| 3rd Low |