EUR/USD – 30M – BUYThe pair breaks through the descending trendline up.
A bullish trend up to the next resistance line at 1.11431 will persist.
Caution: A possible counter-trend in the direction of the support zone at 1.11032 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11816 |
| 2nd High | 1.11669 |
| Next High | 1.11431 |
| Current Price | 1.11416 |
| Next Low | 1.11032 |
| 2nd Low | 1.10830 |
| 3rd Low | 1.10684 |