The currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 1.04744 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 1.05842 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06094 |
2nd High | 1.05969 |
Next High | 1.05842 |
Current Price | 1.05194 |
Next Low | 1.04744 |
2nd Low | 1.04571 |
3rd Low | 1.04252 |