EUR/USD – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 1.15069 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.1667 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Southern Doji’ candlestick pattern is found. The chart shows ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.1667 – 1.16632 – 1.16451 – 1.16025 – 1.16066 – 1.15069 —
1.16357 – 1.16163 —
55.166451213885 – 38.863781509466 —
– —
1.1667 – 1773172800

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