EUR/USD – 30M – BUYThe pair goes from the descending trendline up.
An ascending movement up to the next resistance level at 1.09165 is expected.
Caution: A possible change in the direction of the support level at 1.08845 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 1.09005008 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 1.09165 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09523 |
| 2nd High | 1.09363 |
| Next High | 1.09165 |
| Current Price | 1.08887 |
| Next Low | 1.08845 |
| 2nd Low | 1.08817 |
| 3rd Low | 1.07816 |