The currency pair Euro/US Dollar (EUR/USD) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 1.16155 will continue.
Caution: A possible reversal of the trend in the direction of support at 1.1589 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K cross above 20’ indicator layout is detected. The indicator is ‘%K cross above 20’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16533 |
| 2nd High | 1.16243 |
| Next High | 1.16155 |
| Current Price | 1.16263 |
| Next Low | 1.1589 |
| 2nd Low | 1.15811 |
| 3rd Low | 1.15762 |
1.16155 – 1.16071 – 1.16017 – 1.1589 – 1.15903 – 1.15811 —
1.16485 – 1.16340 —
77.844709196601 – 51.711325088895 —
– —
1.16155 – 1764558000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –