The combination Euro/US Dollar (EUR/USD) jumps from the bullish trendline downwards
A bearish descent down to the next support at 1.17238 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.17412 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17622 |
| 2nd High | 1.17545 |
| Next High | 1.17412 |
| Current Price | 1.17335 |
| Next Low | 1.17238 |
| 2nd Low | 1.16546 |
| 3rd Low | 1.165 |
1.17412 – 1.1689 – 1.17092 – 1.17238 – 1.16546 – 1.16609 —
1.17273 – 1.17477 —
51.601722776008 – 65.261239799738 —
– —
1.17412 – 1777586400
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –