EUR/USD – 1H – BUYThe pair breaks through the bearish trendline up.
The bullish trend up to the next resistance at 1.08063 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.07609 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08377 |
| Next High | 1.08063 |
| Current Price | 1.07884 |
| Next Low | 1.07609 |
| 2nd Low | |
| 3rd Low |