The pair Euro/US Dollar (EUR/USD) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.15008 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.15522 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
Besides a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.15969 |
| 2nd High | 1.15905 |
| Next High | 1.15522 |
| Current Price | 1.15070 |
| Next Low | 1.15008 |
| 2nd Low | 1.14682 |
| 3rd Low | 1.14532 |
1.15522 – 1.15496 – 1.15417 – 1.15231 – 1.15008 – 1.15095 —
1.15386 – 1.15244 —
40.45782387896 – 45.119448733736 —
– —
1.15522 – 1763719200
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – – – – – –