EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
An ascent up to the next resistance level at 1.18377 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.17901 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19543 |
| 2nd High | 1.18709 |
| Next High | 1.18377 |
| Current Price | 1.17896 |
| Next Low | 1.17901 |
| 2nd Low | 1.17797 |
| 3rd Low | 1.17756 |
1.18377 – 1.18284 – 1.18241 – 1.17901 – 1.17797 – 1.17756 —
1.18062 – 1.17906 —
46.786269811231 – 35.550655273376 —
– —
1.18377 – 1770199200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –