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
Trading Signals: FOREX – EUR – EUR/USD – USD – – Symmetrical Triangle Chart Pattern – – – – – – – –