EUR/USD – 1H – BUYThe combination breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 1.10393 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.10082 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10825 |
| 2nd High | 1.10468 |
| Next High | 1.10393 |
| Current Price | 1.10272 |
| Next Low | 1.10082 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |