EUR/USD – 1H – SELLThe combination Euro/US Dollar (EUR/USD) moves from the descending trendline down.
A continuation of the downtrend down to the next support level at 1.03328 is expected.
Caution: A possible change in the direction of the resistance level at 1.05011 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06094 |
| 2nd High | 1.05545 |
| Next High | 1.05011 |
| Current Price | 1.04797 |
| Next Low | 1.03328 |
| 2nd Low | |
| 3rd Low |