EUR/USD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 1.16209 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

1.16209 – 1.16442 – 1.1647 – 1.15456 – 1.15584 – 1.1581 —
1.15850 – 1.16086 —
47.837837840542 – 58.624877572595 —
– —
1.16209 – 1772778600

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