The pair breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 1.09101 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.08881 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09523 |
2nd High | 1.09363 |
Next High | 1.09101 |
Current Price | 1.09044 |
Next Low | 1.08881 |
2nd Low | 1.08817 |
3rd Low | 1.07816 |