The pair Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.15298 will persist.
Caution: A possible change in the direction of the resistance level at 1.16209 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16543 |
| 2nd High | 1.1647 |
| Next High | 1.16209 |
| Current Price | 1.15355 |
| Next Low | 1.15298 |
| 2nd Low | 1.15112 |
| 3rd Low | 1.14908 |
1.16209 – 1.1647 – 1.16543 – 1.15584 – 1.15298 – 1.16713 —
1.15742 – 1.16180 —
40.734824648697 – 57.419263592824 —
– —
1.16209 – 1772776800
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –