EUR/USD – 30M – BUYThe combination breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 1.10736 will persist.
Caution: A possible trend reversal in the direction of the support zone at 1.10454 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12086 |
| 2nd High | 1.11438 |
| Next High | 1.10736 |
| Current Price | 1.10674 |
| Next Low | 1.10454 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |