EUR/USD – 1H – SELLThe pair Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.05064 is expected.
Caution: A possible change in the direction of the resistance level at 1.05545 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.06094 |
| Next High | 1.05545 |
| Current Price | 1.04745 |
| Next Low | 1.05064 |
| 2nd Low | 1.04961 |
| 3rd Low |