The combination breaks through the descending trendline up.
An ascent upwards to the next resistance level at 1.09546 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.09000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09968 |
2nd High | 1.09806 |
Next High | 1.09546 |
Current Price | 1.09373 |
Next Low | 1.09000 |
2nd Low | 1.08817 |
3rd Low | 1.07816 |