The combination Euro/US Dollar (EUR/USD) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 1.05118 will continue.
Caution: A possible change in the direction of the resistance level at 1.05925 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06628 |
2nd High | 1.06542 |
Next High | 1.05925 |
Current Price | 1.05469 |
Next Low | 1.05118 |
2nd Low | 1.04961 |
3rd Low |