Sell EUR/USD – 1H – SELL

The combination Euro/US Dollar (EUR/USD) moves from the descending trendline down.

A continuation of the bearish trend down to the next support level at 1.17651 is certain.

Caution: A possible change in the direction of the resistance line at 1.187 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.18895
2nd High 1.18846
Next High 1.187
Current Price 1.18305
Next Low 1.17651
2nd Low 1.16699
3rd Low 1.15766

1.187 – 1.18846 – 1.18895 – 1.18467 – 1.18558 – 1.18519 —
1.18469 – 1.18494 —
34.076624675111 – 47.166905211877 —
– —
1.187 – 1771236000

Trading Signals:

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