EUR/USD – 30M – SELLThe currency pair Euro/US Dollar (EUR/USD) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 1.16687 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.16890 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘RSI Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘RSI Hidden Bearish Divergence’. chart scenario.
Additionally a ‘MACD-Hist Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Hidden Bearish Divergence’. chart scenario.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17622 |
| 2nd High | 1.17161 |
| Next High | 1.16890 |
| Current Price | 1.16781 |
| Next Low | 1.16687 |
| 2nd Low | 1.16637 |
| 3rd Low | 1.165 |
1.16890 – 1.17161 – 1.17117 – 1.16687 – 1.16787 – 1.16919 —
1.16890 – 1.16828 —
40.030191654697 – 45.888801179886 —
1.16890 – 1777006800 —
– 1777006800
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –