Sell EUR/USD – 1H – SELL

The pair Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 1.13862 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.14388 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.13863106 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 1.14388 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.15469
2nd High 1.14947
Next High 1.14388
Current Price 1.13952
Next Low 1.13862
2nd Low 1.13713
3rd Low 1.13568

1.14388 – 1.14947 – 1.14345 – 1.13862 – 1.13713 – 1.14042

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