Sell EUR/USD – 1H – SELL

The currency pair Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards

A descending movement downwards to the next support level at 1.15567 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 1.16216 should be noted.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 1.16448
2nd High 1.1644
Next High 1.16216
Current Price 1.15943
Next Low 1.15567
2nd Low 1.15025
3rd Low 1.14994

1.16216 – 1.15891 – 1.15894 – 1.15567 – 1.15025 – 1.15253 —
1.16103 – 1.16047 —
60.510250820712 – 53.788442385637 —
– —
1.16216 – 1781510400

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