EUR/USD – 1H – SELLThe pair jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 1.07123 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.08243 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09535 |
| 2nd High | 1.09367 |
| Next High | 1.08243 |
| Current Price | 1.07512 |
| Next Low | 1.07123 |
| 2nd Low | 1.06821 |
| 3rd Low |