EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 1.16919 is likely expected.

Caution: A possible change in the direction of resistance at 1.17132 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Southern Doji’ candle chart pattern is found. The candles show ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.17132 – 1.17622 – 1.17756 – 1.16919 – 1.17188 – 1.17466 —
1.17012 – 1.17087 —
29.914743515562 – 43.70828579693 —
– —
1.17132 – 1776915000

Trading Signals: FOREX – EUR – EUR/USD – USD – Southern Doji – – – – – – – – –