The combination Euro/US Dollar (EUR/USD) moves from the bullish trendline down.
A bearish trend down to the next support level at 1.15811 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.16071 could occur.
Consider stop-loss settings accordingly.
There is also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16145 |
| 2nd High | 1.16132 |
| Next High | 1.16071 |
| Current Price | 1.15964 |
| Next Low | 1.15811 |
| 2nd Low | 1.15762 |
| 3rd Low | 1.15467 |
1.16071 – 1.16017 – 1.1601 – 1.15811 – 1.15762 – 1.15467 —
1.16009 – 1.16155 —
54.610381061273 – 68.257027450369 —
– —
1.16071 – 1764351000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –