EUR/USD – 1H – BUYThe pair Euro/US Dollar (EUR/USD) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.06094 will persist.
Caution: A possible change in the direction of the support line at 1.05232 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 1.055275 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 1.06094 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 | 1.06094 |
| Current Price | 1.05363 |
| Next Low | 1.05232 |
| 2nd Low | 1.05159 |
| 3rd Low | 1.04961 |