Sell EUR/USD – 1H – SELL

The combination Euro/US Dollar (EUR/USD) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at is likely expected.

Caution: A possible change in the direction of the resistance zone at 1.17541 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.17886
2nd High 1.17644
Next High 1.17541
Current Price 1.17333
Next Low
2nd Low
3rd Low

1.17541 – 1.17644 – 1.17589 – 1.16586 – 1.17129 – 1.17197 —
1.17284 – 1.17374 —
62.184541181216 – 65.105330664662 —
– —
1.17541 – 1767376800

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