The pair Euro/US Dollar (EUR/USD) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at will continue.
Caution: A possible change in the direction of resistance at 1.15727 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1644 |
| 2nd High | 1.15777 |
| Next High | 1.15727 |
| Current Price | 1.15413 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.15727 – 1.15777 – 1.15544 – 1.15282 – 1.15265 – 1.14994 —
1.15395 – 1.15500 —
41.597805136528 – 51.71064027318 —
– —
1.15727 – 1781107200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –