EUR/USD – 30M – BUYThe combination breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 1.10492 is certain.
Caution: A possible reversal of the trend in the direction of support at 1.10166 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10908 |
| 2nd High | 1.10533 |
| Next High | 1.10492 |
| Current Price | 1.10498 |
| Next Low | 1.10166 |
| 2nd Low | 1.10151 |
| 3rd Low | 1.09830 |