EUR/USD – 1H – SELL

The currency pair Euro/US Dollar (EUR/USD) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at is expected.

Caution: A possible trend reversal in the direction of resistance at 1.18214 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

1.18214 – 1.18377 – 1.18241 – 1.17651 – 1.17799 – 1.17901 —
1.17913 – 1.17978 —
47.067995958571 – 49.453824094359 —
– —
1.18214 – 1770307200

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