EUR/USD – 1H – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
A bullish ascent up to the next resistance line at 1.05677 will continue.
Caution: A possible reversal of the trend in the direction of support at 1.04983 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06297 |
| 2nd High | 1.05940 |
| Next High | 1.05677 |
| Current Price | 1.05365 |
| Next Low | 1.04983 |
| 2nd Low | 1.04721 |
| 3rd Low | 1.04604 |