EUR/USD – 1H – SELL

The currency pair Euro/US Dollar (EUR/USD) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 1.15008 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.15522 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.15522 – 1.15496 – 1.15969 – 1.15008 – 1.1571 – 1.15816 —
1.15229 – 1.15203 —
40.770941377244 – 45.892633891436 —
– —
1.15522 – 1763719200

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