EUR/USD – 30M – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.09363 is considered certain.
Caution: A possible change in the direction of the support zone at 1.08721 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 1.09142 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 1.09363 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09535 |
| 2nd High | 1.09523 |
| Next High | 1.09363 |
| Current Price | 1.09195 |
| Next Low | 1.08721 |
| 2nd Low | 1.08316 |
| 3rd Low | 1.07688 |