EUR/USD – 1H – BUYThe currency pair breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 1.10825 is certain.
Caution: A possible change in the direction of support at 1.10325 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12086 |
| 2nd High | 1.11438 |
| Next High | 1.10825 |
| Current Price | 1.10374 |
| Next Low | 1.10325 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |