EUR/USD – 1H – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 1.04976 is expected.
Caution: A possible trend reversal in the direction of support at 1.03328 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06094 |
| 2nd High | 1.05545 |
| Next High | 1.04976 |
| Current Price | 1.04802 |
| Next Low | 1.03328 |
| 2nd Low | |
| 3rd Low |