The combination Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
A bullish trend up to the next resistance at 1.15894 is likely expected.
Caution: A possible change in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16448 |
| 2nd High | 1.1644 |
| Next High | 1.15894 |
| Current Price | 1.15764 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.15894 – 1.15727 – 1.15777 – 1.15025 – 1.15253 – 1.15282 —
1.15861 – 1.15739 —
61.403629379826 – 57.356294905749 —
– —
1.15894 – 1781215200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –