EUR/USD – 30M – BUYThe pair breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 1.11785 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.11569 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11887 |
| Next High | 1.11785 |
| Current Price | 1.11641 |
| Next Low | 1.11569 |
| 2nd Low | 1.11163 |
| 3rd Low | 1.10684 |