Sell EUR/USD – 1H – SELL

The currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline down.

A continuation of the downtrend down to the next support at 1.15467 is likely expected.

Caution: A possible change in the direction of resistance at 1.16132 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Support & Resistance Price Range*
3rd High 1.16655
2nd High 1.16533
Next High 1.16132
Current Price 1.15938
Next Low 1.15467
2nd Low 1.15112
3rd Low 1.14908

1.16132 – 1.15955 – 1.15501 – 1.15467 – 1.15112 – 1.14908 —
1.16050 – 1.15965 —
52.778749971511 – 54.800511784058 —
– —
1.16132 – 1764216000

Trading Signals:

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