EUR/USD – 4H – SELLThe pair Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.16586 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.18077 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19185 |
| 2nd High | 1.18196 |
| Next High | 1.18077 |
| Current Price | 1.16823 |
| Next Low | 1.16586 |
| 2nd Low | 1.16147 |
| 3rd Low | 1.15549 |
1.18077 – 1.18037 – 1.17624 – 1.16586 – 1.17025 – 1.17027 —
1.17284 – 1.17003 —
46.920800071613 – 40.741462947851 —
– —
1.18077 – 1766548800
Trading Signals: FOREX – EUR – EUR/USD – USD – – Double top chart pattern – – – – – – – –