EUR/USD – 4H – SELL

The pair Euro/US Dollar (EUR/USD) jumps from the bullish trendline down.

A descent downwards to the next support level at 1.15549 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 1.1652 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

1.1652 – 1.16556 – 1.16053 – 1.15549 – 1.14908 – 1.14682 —
1.16738 – 1.16589 —
65.759288525756 – 58.62934159041 —
– —
1.16520 – 1764590400

Trading Signals: FOREX – EUR – EUR/USD – USD – – Rising Wedge Chart Pattern – – – – – – – –