The currency pair Euro/US Dollar (EUR/USD) goes from the ascending trendline down.
A bearish movement downwards to the next support at 1.05475 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.06094 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06628 |
2nd High | 1.06542 |
Next High | 1.06094 |
Current Price | 1.05573 |
Next Low | 1.05475 |
2nd Low | 1.05275 |
3rd Low | 1.04744 |