EUR/USD – 1H – BUYThe pair breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 1.08732 is likely expected.
Caution: A possible change in the direction of the support line at 1.08109 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09165 |
| 2nd High | 1.09014 |
| Next High | 1.08732 |
| Current Price | 1.08671 |
| Next Low | 1.08109 |
| 2nd Low | |
| 3rd Low |