EUR/USD – 1H – SELL

The combination Euro/US Dollar (EUR/USD) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 1.16609 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.17201 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Hidden Bearish Divergence’. signal.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

1.17201 – 1.17545 – 1.17161 – 1.16609 – 1.1677 – 1.16936 —
1.16706 – 1.17149 —
34.840446615307 – 66.19704577551 —
– —
1.17201 – 1777431600

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