The combination Euro/US Dollar (EUR/USD) goes from the bullish trendline down.
A bearish movement downwards to the next support line at 1.185 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.20821 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.20821 |
| Current Price | 1.19610 |
| Next Low | 1.185 |
| 2nd Low | 1.18345 |
| 3rd Low | 1.16699 |
1.20821 – 1.19065 – 1.18972 – 1.185 – 1.18345 – 1.16699 —
1.19522 – 1.19806 —
40.530933656674 – 57.580349924845 —
– —
1.20821 – 1769551200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –