EUR/USD – 1H – BUYThe pair jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 1.11461 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.10725 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11461 |
| Current Price | 1.11267 |
| Next Low | 1.10725 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |