EUR/USD – 1H – SELLThe combination jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.08714 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09014 |
| 2nd High | 1.08732 |
| Next High | 1.08714 |
| Current Price | 1.08045 |
| Next Low | |
| 2nd Low | |
| 3rd Low |