EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 1.05873 will persist.
Caution: A possible counter-trend in the direction of the support zone at 1.05475 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.05873 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 1.05873 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.06094 |
| Next High | 1.05873 |
| Current Price | 1.05643 |
| Next Low | 1.05475 |
| 2nd Low | 1.05275 |
| 3rd Low | 1.04744 |