EUR/USD – 1H – BUYThe pair breaks through the descending trendline up.
The bullish trend up to the next resistance at 1.08063 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.07705 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08377 |
| Next High | 1.08063 |
| Current Price | 1.08286 |
| Next Low | 1.07705 |
| 2nd Low | 1.07609 |
| 3rd Low |