EUR/USD – 1H – BUYThe combination breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 1.11373 will persist.
Caution: A possible counter-trend in the direction of the support level at 1.10725 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11373 |
| Current Price | 1.11443 |
| Next Low | 1.10725 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |