Sell EUR/USD – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The pair Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards

A descent down to the next support at 1.15338 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 1.15712 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.16267
2nd High 1.16051
Next High 1.15712
Current Price 1.15401
Next Low 1.15338
2nd Low 1.15048
3rd Low 1.14571

1.15712 – 1.15684 – 1.15288 – 1.15338 – 1.15048 – 1.15289 —
1.15516 – 1.15475 —
51.654277313106 – 51.040674828631 —
– —
1.15712 – 1775496600

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