The pair Euro/US Dollar (EUR/USD) goes from the bullish trendline down.
The bearish trend down to the next support line at 1.17886 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.18213 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18334 |
| 2nd High | 1.18285 |
| Next High | 1.18213 |
| Current Price | 1.18161 |
| Next Low | 1.17886 |
| 2nd Low | 1.17735 |
| 3rd Low | 1.17706 |
1.18213 – 1.18164 – 1.18285 – 1.17886 – 1.17735 – 1.17706 —
1.18062 – 1.18248 —
49.373009966213 – 62.283537685957 —
– —
1.18213 – 1772186400
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –