The pair Euro/US Dollar (EUR/USD) moves from the bearish trendline up.
A bullish trend upwards to the next resistance level at 1.04976 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.03328 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06094 |
2nd High | 1.05545 |
Next High | 1.04976 |
Current Price | 1.04171 |
Next Low | 1.03328 |
2nd Low | |
3rd Low |