The currency pair breaks through the descending trendline up.
A bullish trend up to the next resistance line at 1.08189 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.08095 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.08392 |
2nd High | 1.08272 |
Next High | 1.08189 |
Current Price | 1.08240 |
Next Low | 1.08095 |
2nd Low | 1.07818 |
3rd Low | 1.07705 |