The pair Euro/US Dollar (EUR/USD) goes from the ascending trendline down.
The bearish trend down to the next support level at 1.15112 is expected.
Caution: A possible change in the direction of resistance at 1.15855 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.15969 |
| 2nd High | 1.15905 |
| Next High | 1.15855 |
| Current Price | 1.15815 |
| Next Low | 1.15112 |
| 2nd Low | 1.1511 |
| 3rd Low | 1.15093 |
1.15855 – 1.15299 – 1.15203 – 1.15112 – 1.1511 – 1.15093 —
1.15864 – 1.15955 —
60.212398726203 – 65.228460688802 —
– —
1.15855 – 1764100800
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –