EUR/USD – 30M – BUYThe currency pair breaks through the descending trendline up.
An ascent up to the next resistance line at 1.08732 is considered certain.
Caution: A possible change in the direction of the support level at 1.08338 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09165 |
| 2nd High | 1.09014 |
| Next High | 1.08732 |
| Current Price | 1.08593 |
| Next Low | 1.08338 |
| 2nd Low | 1.08109 |
| 3rd Low |