The combination Euro/US Dollar (EUR/USD) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 1.16919 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.17132 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17756 |
| 2nd High | 1.17622 |
| Next High | 1.17132 |
| Current Price | 1.17032 |
| Next Low | 1.16919 |
| 2nd Low | 1.16801 |
| 3rd Low | 1.16776 |
1.17132 – 1.17622 – 1.17756 – 1.16919 – 1.17188 – 1.17466 —
1.17101 – 1.17067 —
35.997567988996 – 47.997139616191 —
– —
1.17132 – 1776915000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –