The currency pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 1.18015 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.17716 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18264 |
| 2nd High | 1.18107 |
| Next High | 1.18015 |
| Current Price | 1.17993 |
| Next Low | 1.17716 |
| 2nd Low | 1.16801 |
| 3rd Low | 1.16776 |
1.1799 – 1.18015 – 1.18107 – 1.17716 – 1.17784 – 1.17871 —
1.17970 – 1.18015 —
51.073360065234 – 57.200566512767 —
– —
1.1799 – 1776243600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –