Sell EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards

A descending movement down to the next support at 1.15661 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 1.16172 could occur.
Consider stop-loss settings accordingly.

Next a indicator layout is existing. The indicator shows ”. which could be a negative chart scenario. The currency pair is likely to fall.

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Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 1.16448
2nd High 1.1644
Next High 1.16172
Current Price 1.16074
Next Low 1.15661
2nd Low 1.15567
3rd Low 1.15025

1.16172 – 1.15891 – 1.15894 – 1.15661 – 1.15567 – 1.15025 —
1.16012 – 1.16216 —
59.189581877116 – 72.535594446227 —
– —
1.16172 – 1781485200

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