EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 1.05873 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.04744 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.06094 |
| Next High | 1.05873 |
| Current Price | 1.05429 |
| Next Low | 1.04744 |
| 2nd Low | 1.04571 |
| 3rd Low | 1.04252 |