The combination Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 1.05437 is considered certain.
Caution: A possible change in the direction of the support zone at 1.04721 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05969 |
2nd High | 1.05842 |
Next High | 1.05437 |
Current Price | 1.05450 |
Next Low | 1.04721 |
2nd Low | 1.04604 |
3rd Low | 1.04571 |