EUR/USD – 30M – BUYThe pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 1.05821 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 1.05118 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06628 |
| 2nd High | 1.06542 |
| Next High | 1.05821 |
| Current Price | 1.05509 |
| Next Low | 1.05118 |
| 2nd Low | 1.04961 |
| 3rd Low |