EUR/USD – 1H – BUYThe combination breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 1.11669 is likely expected.
Caution: A possible change in the direction of the support line at 1.11032 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11887 |
| 2nd High | 1.11816 |
| Next High | 1.11669 |
| Current Price | 1.11801 |
| Next Low | 1.11032 |
| 2nd Low | 1.10830 |
| 3rd Low | 1.10684 |