EUR/USD – 1H – SELLThe currency pair goes from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 1.09000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.09535 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09968 |
| 2nd High | 1.09546 |
| Next High | 1.09535 |
| Current Price | 1.09389 |
| Next Low | 1.09000 |
| 2nd Low | 1.08817 |
| 3rd Low | 1.07778 |