EUR/USD – 1H – BUYThe combination breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 1.09363 will persist.
Caution: A possible trend reversal in the direction of support at 1.08721 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.09142 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.09363 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09546 |
| 2nd High | 1.09535 |
| Next High | 1.09363 |
| Current Price | 1.09298 |
| Next Low | 1.08721 |
| 2nd Low | 1.08316 |
| 3rd Low | 1.07688 |