EUR/USD – 30M – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 1.15955 will continue.
Caution: A possible counter-trend in the direction of the support level at 1.15654 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16073 |
| 2nd High | 1.15969 |
| Next High | 1.15955 |
| Current Price | 1.15927 |
| Next Low | 1.15654 |
| 2nd Low | 1.15112 |
| 3rd Low | 1.1511 |
1.15955 – 1.15855 – 1.15299 – 1.15654 – 1.15112 – 1.1511 —
1.15837 – 1.16005 —
53.637875350669 – 56.255320544083 —
– —
1.15955 – 1764144000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –