EUR/USD – 1H – SELLThe pair Euro/US Dollar (EUR/USD) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 1.04961 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.05821 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06628 |
| 2nd High | 1.06542 |
| Next High | 1.05821 |
| Current Price | 1.05583 |
| Next Low | 1.04961 |
| 2nd Low | |
| 3rd Low |