EUR/USD – 1H – BUYThe combination Euro/US Dollar (EUR/USD) moves from the descending trendline up.
A bullish ascent upwards to the next resistance at 1.06542 is expected.
Caution: A possible change in the direction of the support level at 1.04961 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07971 |
| 2nd High | 1.06628 |
| Next High | 1.06542 |
| Current Price | 1.05306 |
| Next Low | 1.04961 |
| 2nd Low | |
| 3rd Low |