EUR/USD – 1H – SELL

The pair Euro/US Dollar (EUR/USD) moves from the bullish trendline downwards

A bearish descent down to the next support line at 1.1377 will continue.

Caution: A possible change in the direction of the resistance zone at 1.14434 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Southern Doji’ candle pattern is found. The chart forms ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.14434 – 1.14622 – 1.14454 – 1.1377 – 1.13839 – 1.13909 —
1.14190 – 1.14820 —
42.302919893069 – 68.286969604406 —
– —
1.14434 – 1784106000

Trading Signals: FOREX – EUR – EUR/USD – USD – Southern Doji – – – – – – – – –