EUR/USD – 30M – BUYThe combination jumps from the descending trendline up.
A bullish movement upwards to the next resistance at 1.08732 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.08109 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09165 |
| 2nd High | 1.09014 |
| Next High | 1.08732 |
| Current Price | 1.08452 |
| Next Low | 1.08109 |
| 2nd Low | |
| 3rd Low |