The pair Euro/US Dollar (EUR/USD) moves from the ascending trendline down.
A descent down to the next support level at 1.12234 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.12774 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Trading Signals: FOREX – EUR – EUR/USD – USD – Last Engulfing Top