The combination breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 1.09546 is expected.
Caution: A possible change in the direction of the support line at 1.09000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09968 |
2nd High | 1.09806 |
Next High | 1.09546 |
Current Price | 1.09394 |
Next Low | 1.09000 |
2nd Low | 1.08817 |
3rd Low | 1.07816 |