The pair Euro/US Dollar (EUR/USD) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 1.1644 is considered certain.
Caution: A possible change in the direction of the support line at 1.15567 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16553 |
| 2nd High | 1.16448 |
| Next High | 1.1644 |
| Current Price | 1.16064 |
| Next Low | 1.15567 |
| 2nd Low | 1.15025 |
| 3rd Low | 1.14994 |
1.15891 – 1.15894 – 1.15727 – 1.15567 – 1.15025 – 1.15253 —
1.16114 – 1.16102 —
62.290985404812 – 61.247904015175 —
– —
1.15891 – 1781265600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –