The currency pair Euro/US Dollar (EUR/USD) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.16546 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.17201 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17622 |
| 2nd High | 1.17545 |
| Next High | 1.17201 |
| Current Price | 1.17282 |
| Next Low | 1.16546 |
| 2nd Low | 1.16429 |
| 3rd Low | 1.15237 |
1.17201 – 1.17545 – 1.17161 – 1.16546 – 1.16609 – 1.1677 —
1.17329 – 1.17338 —
65.430572443059 – 63.638258193722 —
– —
1.17201 – 1777431600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –