EUR/USD – 1H – SELLThe currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at is considered certain.
Caution: A possible change in the direction of the resistance line at 1.1647 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18264 |
| 2nd High | 1.16543 |
| Next High | 1.1647 |
| Current Price | 1.16060 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.1647 – 1.16543 – 1.18264 – 1.15584 – 1.15298 – 1.16713 —
1.16100 – 1.16203 —
49.537242208061 – 56.107506594187 —
– —
1.1647 – 1772679600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –