The combination Euro/US Dollar (EUR/USD) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at is likely expected.
Caution: A possible change in the direction of the resistance zone at 1.17541 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.
Besides a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17886 |
| 2nd High | 1.17644 |
| Next High | 1.17541 |
| Current Price | 1.17333 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.17541 – 1.17644 – 1.17589 – 1.16586 – 1.17129 – 1.17197 —
1.17284 – 1.17374 —
62.184541181216 – 65.105330664662 —
– —
1.17541 – 1767376800
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –