EUR/USD – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The pair Euro/US Dollar (EUR/USD) moves from the bullish trendline down.

A bearish descent downwards to the next support level at 1.15069 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 1.1621 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.15806 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 1.1621 could occur.
Please make appropriate stop-loss settings in the case of a trade.

1.1621 – 1.16209 – 1.1647 – 1.15069 – 1.15584 – 1.15298 —
1.15890 – 1.16352 —
53.580558289748 – 61.446588366623 —
– —
1.1621 – 1772827200

Trading Signals: FOREX – EUR – EUR/USD – USD – – Rising Wedge Chart Pattern – – – – – – – –