EUR/USD – 1H – SELLThe currency pair Euro/US Dollar (EUR/USD) moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 1.15282 is likely expected.
Caution: A possible change in the direction of the resistance zone at 1.15727 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1644 |
| 2nd High | 1.15777 |
| Next High | 1.15727 |
| Current Price | 1.15449 |
| Next Low | 1.15282 |
| 2nd Low | 1.15265 |
| 3rd Low | 1.14994 |
1.15727 – 1.15777 – 1.15544 – 1.15282 – 1.15265 – 1.14994 —
1.15573 – 1.15557 —
49.32480288869 – 55.361941022606 —
– —
1.15727 – 1781107200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –