EUR/USD – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 1.16687 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.17622 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

1.17161 – 1.17622 – 1.17906 – 1.16687 – 1.17188 – 1.17289 —
1.17220 – 1.17321 —
64.362101084459 – 64.393526497782 —
– —
1.17161 – 1776963600

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