EUR/USD – 30M – SELLThe pair Euro/US Dollar (EUR/USD) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.16145 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
In addition a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16533 |
| 2nd High | 1.16243 |
| Next High | 1.16145 |
| Current Price | 1.15969 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.16145 – 1.16243 – 1.16533 – 1.15816 – 1.15946 – 1.16058 —
1.15888 – 1.16032 —
41.226190343928 – 60.850771023345 —
– —
1.16145 – 1763371800