The currency pair Euro/US Dollar (EUR/USD) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 1.18467 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.18895 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19282 |
| 2nd High | 1.19269 |
| Next High | 1.18895 |
| Current Price | 1.18661 |
| Next Low | 1.18467 |
| 2nd Low | 1.18326 |
| 3rd Low | 1.17651 |
1.18895 – 1.19269 – 1.19282 – 1.18467 – 1.18558 – 1.18519 —
1.18605 – 1.18823 —
39.855492596 – 54.884004112908 —
– —
1.18895 – 1770919200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –