EUR/USD – 30M – BUYThe pair jumps from the descending trendline up.
An ascent upwards to the next resistance at 1.08732 is likely expected.
Caution: A possible counter-trend in the direction of support at 1.08109 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09165 |
| 2nd High | 1.09014 |
| Next High | 1.08732 |
| Current Price | 1.08445 |
| Next Low | 1.08109 |
| 2nd Low | |
| 3rd Low |