EUR/USD – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 1.11887 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.10684 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 1.11887 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.11887 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12012 |
| 2nd High | 1.11902 |
| Next High | 1.11887 |
| Current Price | 1.11775 |
| Next Low | 1.10684 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |