EUR/USD – 1H – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 1.05925 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 1.05159 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06628 |
| 2nd High | 1.06542 |
| Next High | 1.05925 |
| Current Price | 1.05468 |
| Next Low | 1.05159 |
| 2nd Low | 1.04961 |
| 3rd Low |