EUR/USD – 1H – SELLNext a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Current target is 1.18285916 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 1.18972 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.19185 |
| Next High | 1.18972 |
| Current Price | 1.18784 |
| Next Low | 1.16699 |
| 2nd Low | 1.15766 |
| 3rd Low | 1.15549 |
1.18972 – 1.1759 – 1.17425 – 1.16699 – 1.17104 – 1.15766 —
1.18593 – 1.18965 —
63.609639806483 – 69.698466569632 —
– —
1.18972 – 1769389200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –