EUR/USD – 30M – SELLThe combination Euro/US Dollar (EUR/USD) goes from the ascending trendline down.
A bearish descent down to the next support line at 1.14153 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.14473 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.14947 |
| 2nd High | 1.14569 |
| Next High | 1.14473 |
| Current Price | 1.14217 |
| Next Low | 1.14153 |
| 2nd Low | 1.13726 |
| 3rd Low | 1.13713 |
1.14473 – 1.14353 – 1.14305 – 1.14153 – 1.13726 – 1.13862