EUR/USD – 1H – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 1.03115 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 1.02834 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04340 |
| 2nd High | 1.03572 |
| Next High | 1.03115 |
| Current Price | 1.02451 |
| Next Low | 1.02834 |
| 2nd Low | 1.02729 |
| 3rd Low | 1.02238 |