EUR/USD – 1H – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 1.12136 will persist.
Caution: A possible counter-trend in the direction of the support level at 1.11213 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.12136 |
| Current Price | 1.11433 |
| Next Low | 1.11213 |
| 2nd Low | 1.11032 |
| 3rd Low | 1.10830 |