The pair Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 1.15231 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.15522 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.15969 |
| 2nd High | 1.15905 |
| Next High | 1.15522 |
| Current Price | 1.15039 |
| Next Low | 1.15231 |
| 2nd Low | 1.15008 |
| 3rd Low | 1.14682 |
1.15522 – 1.15496 – 1.15417 – 1.15231 – 1.15008 – 1.15095 —
1.15229 – 1.15080 —
39.006913659101 – 42.258993744029 —
– —
1.15522 – 1763719200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –