The pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.16212 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 1.16621 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ” indicator signal is discovered. The indicator is ”. which is often a bearish signal. The pair is likely to go down.
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Besides a ‘%K cross below 0.8’ indicator signal is discovered. The indicator is ‘%K cross below 0.8’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16984 |
| 2nd High | 1.16826 |
| Next High | 1.16621 |
| Current Price | 1.16260 |
| Next Low | 1.16212 |
| 2nd Low | 1.16147 |
| 3rd Low | 1.15908 |
1.16621 – 1.16826 – 1.16984 – 1.16457 – 1.16423 – 1.16686 —
1.16465 – 1.16522 —
44.413169449807 – 36.680461354401 —
– —
1.16621 – 1767915000
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows – – – – – – – – –