EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 1.17466 will persist.

Caution: A possible change in the direction of resistance at 1.18487 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.17545372 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.18487 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

1.17899 – 1.18487 – 1.17874 – 1.17466 – 1.17289 – 1.17717 —
1.17878 – 1.17901 —
60.377403517666 – 63.695915084157 —
– —
1.17899 – 1776715200

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