The currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 1.17676 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.17927 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18096 |
| 2nd High | 1.17959 |
| Next High | 1.17927 |
| Current Price | 1.17825 |
| Next Low | 1.17676 |
| 2nd Low | 1.1743 |
| 3rd Low | 1.17416 |
1.17927 – 1.17959 – 1.18096 – 1.17676 – 1.17741 – 1.1743 —
1.17831 – 1.17898 —
48.527572921045 – 58.184895384372 —
– —
1.17927 – 1771932600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –