The pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 1.14841 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.15475 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.15719 |
| 2nd High | 1.15585 |
| Next High | 1.15475 |
| Current Price | 1.14882 |
| Next Low | 1.14841 |
| 2nd Low | 1.14427 |
| 3rd Low | 1.14139 |
1.15475 – 1.15457 – 1.15585 – 1.15014 – 1.1522 – 1.15534 —
1.15141 – 1.15012 —
41.890220676085 – 34.301677630526 —
– —
1.15475 – 1774636200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –