The currency pair Euro/US Dollar (EUR/USD) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support at 1.16546 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.17849 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18487 |
| 2nd High | 1.17906 |
| Next High | 1.17849 |
| Current Price | 1.16905 |
| Next Low | 1.16546 |
| 2nd Low | 1.16429 |
| 3rd Low | 1.15237 |
1.17849 – 1.17412 – 1.17201 – 1.17149 – 1.17184 – 1.16546 —
1.17082 – 1.16974 —
31.698501949313 – 41.644187757547 —
– —
1.17849 – 1777654800
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –