EUR/USD – 1H – SELLThe currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 1.04604 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 1.05382 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05969 |
| 2nd High | 1.05842 |
| Next High | 1.05382 |
| Current Price | 1.05139 |
| Next Low | 1.04604 |
| 2nd Low | 1.04571 |
| 3rd Low | 1.04252 |