EUR/USD Open 1.2532 High 1.2675 Low 1.2458 Close 1.2561 Yesterday Euro/Dollar climbed to the top 1.2675, from where it started descending, and closed at 1.2561. This morning the currency couple continued its decreasing to 1.2458, which may be a sign of renewal of the downwards trend of the EUR/USD. On the 1 hour chart the Euro broke down out of the symmetrical triangle, which indicates a descending scenario. Currently signals are downwards. Immediate support is 1.2410. Break below this level may cause further descending towards 1.2300. First resistance is yesterday's top 1.2675. The CCI indicator crossed down the 100 line of the 1 hour chart, suggesting potential downwards pressure.
Technical resistance levels: 1.2675 1.2800 1.2910
Technical support levels: 1.2410 1.2300 1.2190
Trading range: 1.2510 - 1.2445
Trend: Downward
Sell at 1.2499 SL 1.2529 TP 1.2459
Technical resistance levels: 1.2675 1.2800 1.2910
Technical support levels: 1.2410 1.2300 1.2190
Trading range: 1.2510 - 1.2445
Trend: Downward
Sell at 1.2499 SL 1.2529 TP 1.2459