EUR/USD – 1H – SELLThe currency pair Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 1.15908 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.16613 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.16178 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 1.16613 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1698 |
| 2nd High | 1.16773 |
| Next High | 1.16613 |
| Current Price | 1.16038 |
| Next Low | 1.15908 |
| 2nd Low | 1.1589 |
| 3rd Low | 1.15549 |
1.16613 – 1.16773 – 1.1698 – 1.16337 – 1.16178 – 1.16423 —
1.16376 – 1.16148 —
39.830124011273 – 39.393297483622 —
– —
1.16613 – 1768413600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –