EUR/USD – 1H – BUYThe pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 1.05677 is expected.
Caution: A possible counter-trend in the direction of the support line at 1.04983 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06297 |
| 2nd High | 1.05940 |
| Next High | 1.05677 |
| Current Price | 1.05258 |
| Next Low | 1.04983 |
| 2nd Low | 1.04721 |
| 3rd Low | 1.04604 |