The pair Euro/US Dollar (EUR/USD) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 1.17814 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.18214 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18709 |
| 2nd High | 1.18377 |
| Next High | 1.18214 |
| Current Price | 1.17905 |
| Next Low | 1.17814 |
| 2nd Low | 1.17799 |
| 3rd Low | 1.17797 |
1.18214 – 1.18083 – 1.18078 – 1.17814 – 1.17799 – 1.17825 —
1.17942 – 1.17971 —
45.506533069914 – 49.063470446073 —
1.17814 – 1770312600 —
1.18214 – 1770307200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –