EUR/USD – 1H – SELLThe pair moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.07609 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.08063 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08377 |
| Next High | 1.08063 |
| Current Price | 1.07830 |
| Next Low | 1.07609 |
| 2nd Low | |
| 3rd Low |