EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 1.05925 will continue.
Caution: A possible change in the direction of support at 1.05159 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 1.05697496 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 1.05925 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06628 |
| 2nd High | 1.06542 |
| Next High | 1.05925 |
| Current Price | 1.05567 |
| Next Low | 1.05159 |
| 2nd Low | 1.05118 |
| 3rd Low | 1.04961 |