EUR/USD – 1H – SELLThe combination Euro/US Dollar (EUR/USD) moves from the ascending trendline downwards
A descent down to the next support at 1.05275 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.05873 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.06094 |
| Next High | 1.05873 |
| Current Price | 1.05704 |
| Next Low | 1.05275 |
| 2nd Low | 1.04571 |
| 3rd Low | 1.04252 |