EUR/USD – 1H – BUYThe currency pair breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 1.09535 is likely expected.
Caution: A possible change in the direction of the support line at 1.09150 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09968 |
| 2nd High | 1.09546 |
| Next High | 1.09535 |
| Current Price | 1.09287 |
| Next Low | 1.09150 |
| 2nd Low | 1.09000 |
| 3rd Low | 1.08817 |