EUR/USD – 1H – SELLThe pair goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.05946 will persist.
Caution: A possible counter-trend in the direction of resistance at 1.06628 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08243 |
| 2nd High | 1.07971 |
| Next High | 1.06628 |
| Current Price | 1.06026 |
| Next Low | 1.05946 |
| 2nd Low | |
| 3rd Low |