The currency pair Euro/US Dollar (EUR/USD) goes from the bullish trendline down.
A bearish trend downwards to the next support line at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.18487 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.187 |
| 2nd High | 1.18571 |
| Next High | 1.18487 |
| Current Price | 1.17795 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.18487 – 1.17874 – 1.18235 – 1.17717 – 1.17666 – 1.17716 —
1.18355 – 1.17956 —
70.918993078625 – 47.32666392953 —
– —
1.18487 – 1776441600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –