EUR/USD – 1H – BUYThe combination Euro/US Dollar (EUR/USD) moves from the bearish trendline up.
A bullish movement up to the next resistance level at 1.06542 is expected.
Caution: A possible counter-trend in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07971 |
| 2nd High | 1.06628 |
| Next High | 1.06542 |
| Current Price | 1.05653 |
| Next Low | |
| 2nd Low | |
| 3rd Low |