The currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.15467 is likely expected.
Caution: A possible change in the direction of resistance at 1.16132 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16655 |
| 2nd High | 1.16533 |
| Next High | 1.16132 |
| Current Price | 1.15938 |
| Next Low | 1.15467 |
| 2nd Low | 1.15112 |
| 3rd Low | 1.14908 |
1.16132 – 1.15955 – 1.15501 – 1.15467 – 1.15112 – 1.14908 —
1.16050 – 1.15965 —
52.778749971511 – 54.800511784058 —
– —
1.16132 – 1764216000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –