EUR/USD – 1H – SELL

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

A continuation of the downward movement down to the next support line at 1.17651 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.18214 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also 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 signal. The currency pair could go down.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

1.18214 – 1.18377 – 1.18241 – 1.17651 – 1.17799 – 1.17901 —
1.17973 – 1.18258 —
49.017915699821 – 68.150377184101 —
– —
1.18214 – 1770307200

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