EUR/USD – 1H – BUYThe combination breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 1.09054 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.07688 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
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 | 1.09011 |
| Next Low | 1.07688 |
| 2nd Low | 1.07609 |
| 3rd Low |