The pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 1.1621 is expected.
Caution: A possible change in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1647 |
| 2nd High | 1.16442 |
| Next High | 1.1621 |
| Current Price | 1.15859 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.1621 – 1.16209 – 1.16442 – 1.15069 – 1.15456 – 1.15584 —
1.15646 – 1.15778 —
54.281987238384 – 53.649623460584 —
– —
1.1621 – 1772827200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –