EUR/USD – 30M – BUYThe pair breaks through the descending trendline up.
A bullish trend up to the next resistance line at 1.11816 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.11163 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 | 1.11887 |
| Next High | 1.11816 |
| Current Price | 1.11712 |
| Next Low | 1.11163 |
| 2nd Low | 1.10684 |
| 3rd Low | 1.10053 |