EUR/USD – 1H – SELLThe combination Euro/US Dollar (EUR/USD) jumps from the bullish trendline down.
A descent downwards to the next support at 1.15908 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.16773 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17587 |
| 2nd High | 1.17281 |
| Next High | 1.16773 |
| Current Price | 1.16645 |
| Next Low | 1.15908 |
| 2nd Low | 1.1589 |
| 3rd Low | 1.15549 |
1.16773 – 1.1652 – 1.16017 – 1.15908 – 1.1589 – 1.15549 —
1.16580 – 1.16802 —
52.466568100776 – 64.533674949736 —
– —
1.16773 – 1764795600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –