EUR/USD – 1H – SELLThe pair Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards
A descending movement down to the next support level at 1.04744 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.05305 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05677 |
| 2nd High | 1.05390 |
| Next High | 1.05305 |
| Current Price | 1.05172 |
| Next Low | 1.04744 |
| 2nd Low | 1.04532 |
| 3rd Low | 1.04252 |