The combination Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 1.19741 is likely expected.
Caution: A possible change in the direction of the support level at 1.18946 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.20257 |
| 2nd High | 1.1996 |
| Next High | 1.19741 |
| Current Price | 1.19207 |
| Next Low | 1.18946 |
| 2nd Low | 1.185 |
| 3rd Low | 1.18345 |
1.19741 – 1.19721 – 1.1996 – 1.18946 – 1.18952 – 1.185 —
1.19328 – 1.19254 —
37.493309229571 – 35.844883272297 —
– —
1.19741 – 1769736600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –