EUR/USD – 1H – SELLThe pair Euro/US Dollar (EUR/USD) goes from the bullish trendline down.
A bearish movement downwards to the next support at 1.04721 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.05437 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05969 |
| 2nd High | 1.05842 |
| Next High | 1.05437 |
| Current Price | 1.05277 |
| Next Low | 1.04721 |
| 2nd Low | 1.04604 |
| 3rd Low | 1.04571 |