EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 1.03752 is likely expected.
Caution: A possible counter-trend in the direction of support at 1.02952 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04580 |
| 2nd High | 1.04241 |
| Next High | 1.03752 |
| Current Price | 1.03940 |
| Next Low | 1.02952 |
| 2nd Low | 1.02732 |
| 3rd Low | 1.02643 |