The currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 1.19282 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.18858 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19741 |
| 2nd High | 1.19543 |
| Next High | 1.19282 |
| Current Price | 1.19214 |
| Next Low | 1.18858 |
| 2nd Low | 1.17651 |
| 3rd Low | 1.16699 |
1.19282 – 1.19262 – 1.18214 – 1.18858 – 1.17651 – 1.17799 —
1.19017 – 1.19197 —
50.728724242717 – 60.836032919942 —
– —
1.19282 – 1770739200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –