EUR/USD – 4H – SELL

The combination Euro/US Dollar (EUR/USD) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 1.15025 is certain.

Caution: A possible trend reversal in the direction of resistance at 1.16216 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

1.16216 – 1.15777 – 1.16448 – 1.15025 – 1.14994 – 1.15942 —
1.16036 – 1.16161 —
53.454596663355 – 58.41504300326 —
– —
1.16216 – 1781510400

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