EUR/USD – 4H – SELLThe currency pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 1.04532 is considered certain.
Caution: A possible change in the direction of resistance at 1.06297 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09968 |
| 2nd High | 1.09367 |
| Next High | 1.06297 |
| Current Price | 1.04879 |
| Next Low | 1.04532 |
| 2nd Low | 1.03328 |
| 3rd Low |