EUR/USD – 1H – BUYThe pair breaks through the descending trendline up.
A bullish trend up to the next resistance line at 1.06628 will persist.
Caution: A possible counter-trend in the direction of the support line at 1.05946 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08243 |
| 2nd High | 1.07971 |
| Next High | 1.06628 |
| Current Price | 1.06265 |
| Next Low | 1.05946 |
| 2nd Low | |
| 3rd Low |