EUR/USD – 4H – SELLThe combination Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards
A bearish descent down to the next support at 1.14532 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 1.16144 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.16311 |
| Next High | 1.16144 |
| Current Price | 1.16989 |
| Next Low | 1.14532 |
| 2nd Low | 1.14459 |
| 3rd Low | 1.13713 |
1.16144 – 1.16311 – 1.14947 – 1.14532 – 1.14459 – 1.13713