The currency pair Euro/US Dollar (EUR/USD) moves from the descending trendline down.
A continuation of the downtrend down to the next support at 1.16423 is considered certain.
Caution: A possible change in the direction of the resistance zone at 1.16621 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16984 |
| 2nd High | 1.16826 |
| Next High | 1.16621 |
| Current Price | 1.16545 |
| Next Low | 1.16423 |
| 2nd Low | 1.16212 |
| 3rd Low | 1.16147 |
1.16621 – 1.16826 – 1.16984 – 1.16423 – 1.16686 – 1.16721 —
1.16586 – 1.16588 —
47.479751017614 – 49.198492949611 —
– —
1.16621 – 1767915000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –