EUR/USD – 1H – SELLThe currency pair moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 1.08881 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.09363 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09546 |
| 2nd High | 1.09535 |
| Next High | 1.09363 |
| Current Price | 1.08930 |
| Next Low | 1.08881 |
| 2nd Low | 1.08817 |
| 3rd Low | 1.07778 |