EUR/USD – 1H – BUYThe pair breaks through the bearish trendline up.
An ascending movement up to the next resistance at 1.08714 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 1.08109 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09014 |
| 2nd High | 1.08732 |
| Next High | 1.08714 |
| Current Price | 1.08158 |
| Next Low | 1.08109 |
| 2nd Low | |
| 3rd Low |