EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support at is certain.

Caution: A possible change in the direction of the resistance zone at 1.19741 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Southern Doji’ candlestick pattern is detected. The chart shows ‘Southern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.19741 – 1.19721 – 1.1996 – 1.18979 – 1.18946 – 1.18952 —
1.19196 – 1.19220 —
42.501312433184 – 41.668637108825 —
– —
1.19741 – 1769736600

Trading Signals: FOREX – EUR – EUR/USD – USD – Southern Doji – – – – – – – – –