EUR/USD – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 1.09054 is certain.
Caution: A possible change in the direction of the support level at 1.08316 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09363 |
| 2nd High | 1.09165 |
| Next High | 1.09054 |
| Current Price | 1.08984 |
| Next Low | 1.08316 |
| 2nd Low | 1.07688 |
| 3rd Low | 1.07609 |