EUR/USD – 30M – SELL

The combination Euro/US Dollar (EUR/USD) moves from the ascending trendline downwards

A bearish movement downwards to the next support level at 1.16724 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 1.17622 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 1.17049136 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 1.17622 should be noted.
Consider stop-loss settings accordingly.

1.1689 – 1.17161 – 1.17117 – 1.16724 – 1.16687 – 1.16787 —
1.17122 – 1.17194 —
56.867190601648 – 64.279978078175 —
– —
1.1689 – 1777006800

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