The pair Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at will continue.
Caution: A possible change in the direction of the resistance zone at 1.18214 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19543 |
| 2nd High | 1.18377 |
| Next High | 1.18214 |
| Current Price | 1.17910 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.18214 – 1.18377 – 1.18241 – 1.17799 – 1.17901 – 1.17797 —
1.17813 – 1.18008 —
41.520926940567 – 54.07697252296 —
– —
1.18214 – 1770307200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –