The pair Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.18895 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19282 |
| 2nd High | 1.19269 |
| Next High | 1.18895 |
| Current Price | 1.18674 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.18895 – 1.18875 – 1.18842 – 1.18558 – 1.18519 – 1.18326 —
1.18708 – 1.18699 —
49.201209970382 – 49.54624604183 —
– —
1.18895 – 1770919200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –