EUR/USD – 1H – SELLThe currency pair jumps from the bullish trendline downwards
A bearish trend down to the next support line at 1.11109 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.11461 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11461 |
| Current Price | 1.11138 |
| Next Low | 1.11109 |
| 2nd Low | 1.10725 |
| 3rd Low | 1.10053 |