EUR/USD – 1H – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 1.05821 is certain.
Caution: A possible change in the direction of support at 1.04961 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06628 |
| 2nd High | 1.06542 |
| Next High | 1.05821 |
| Current Price | 1.05561 |
| Next Low | 1.04961 |
| 2nd Low | |
| 3rd Low |