The pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 1.16216 is expected.
Caution: A possible reversal of the trend in the direction of the support line at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16448 |
| 2nd High | 1.1644 |
| Next High | 1.16216 |
| Current Price | 1.15909 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.16216 – 1.15891 – 1.15894 – 1.15567 – 1.15025 – 1.15253 —
1.16183 – 1.15947 —
57.334508115004 – 44.98635501606 —
– —
1.16216 – 1781510400
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –