EUR/USD – 1H – SELLThe pair jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 1.10725 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 1.11373 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11373 |
| Current Price | 1.11245 |
| Next Low | 1.10725 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |