The currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at 1.15874 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.16161 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16201 |
| 2nd High | 1.16192 |
| Next High | 1.16161 |
| Current Price | 1.16117 |
| Next Low | 1.15874 |
| 2nd Low | 1.15745 |
| 3rd Low | 1.15661 |
1.16161 – 1.16192 – 1.16125 – 1.15874 – 1.15745 – 1.15832 —
1.16157 – 1.16126 —
54.628545210027 – 54.386154615561 —
– —
1.16161 – 1781665200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –