EUR/USD – 30M – BUYThe pair breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 1.08259 is certain.
Caution: A possible change in the direction of the support line at 1.07688 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08392 |
| 2nd High | 1.08272 |
| Next High | 1.08259 |
| Current Price | 1.08170 |
| Next Low | 1.07688 |
| 2nd Low | 1.07609 |
| 3rd Low |