The combination breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 1.08953 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.08748 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09363 |
2nd High | 1.09165 |
Next High | 1.08953 |
Current Price | 1.08941 |
Next Low | 1.08748 |
2nd Low | 1.07816 |
3rd Low | 1.07799 |