EUR/USD – 1H – SELL
The pair moves from the bullish trendline downwards
A descent down to the next support line at 1.11247 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.12026 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.12136 |
Next High | 1.12026 |
Current Price | 1.11685 |
Next Low | 1.11247 |
2nd Low | 1.11213 |
3rd Low | 1.11032 |