EUR/USD – 30M – SELL

The combination Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards

A bearish descent down to the next support line at 1.18991 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 1.19262 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Current target is 1.18917246 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.19262 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

1.19194 – 1.19166 – 1.19262 – 1.18991 – 1.18962 – 1.18095 —
1.19171 – 1.19221 —
53.983844591701 – 62.251229273153 —
– —
1.19194 – 1770721200

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