The currency pair Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards
A descent downwards to the next support at 1.14841 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.1645 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17955 |
| 2nd High | 1.1667 |
| Next High | 1.1645 |
| Current Price | 1.16090 |
| Next Low | 1.14841 |
| 2nd Low | 1.14427 |
| 3rd Low |
1.15715 – 1.15804 – 1.16158 – 1.14841 – 1.15343 – 1.15242 —
1.15011 – 1.16308 —
28.53692450158 – 67.092199714898 —
1.14841 – 1774272600 —
1.15715 – 1774040400
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –