EUR/USD – 1H – BUYThe pair breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 1.11816 is considered certain.
Caution: A possible trend reversal in the direction of support at 1.11359 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11887 |
| Next High | 1.11816 |
| Current Price | 1.11291 |
| Next Low | 1.11359 |
| 2nd Low | 1.10684 |
| 3rd Low | 1.10053 |