EUR/USD – 1H – SELLThe currency pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.05545 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.06094 |
| Next High | 1.05545 |
| Current Price | 1.04077 |
| Next Low | |
| 2nd Low | |
| 3rd Low |