EUR/USD – 30M – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 1.03188 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 1.02909 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.03240 |
| 2nd High | 1.03210 |
| Next High | 1.03188 |
| Current Price | 1.03010 |
| Next Low | 1.02909 |
| 2nd Low | 1.02834 |
| 3rd Low | 1.02729 |