The currency pair Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards
A descending movement down to the next support line at 1.16212 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.1698 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17024 |
| 2nd High | 1.16984 |
| Next High | 1.1698 |
| Current Price | 1.16708 |
| Next Low | 1.16212 |
| 2nd Low | 1.16178 |
| 3rd Low | 1.16147 |
1.1698 – 1.16709 – 1.16604 – 1.16212 – 1.16178 – 1.16457 —
1.16856 – 1.16734 —
55.04199991503 – 49.453145954784 —
– —
1.16980 – 1768231800
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –