EUR/USD – 1H – BUYThe pair Euro/US Dollar (EUR/USD) jumps from the descending trendline up.
A bullish trend up to the next resistance line at 1.03752 is likely expected.
Caution: A possible counter-trend in the direction of support at 1.02238 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04580 |
| 2nd High | 1.04241 |
| Next High | 1.03752 |
| Current Price | 1.02899 |
| Next Low | 1.02238 |
| 2nd Low | |
| 3rd Low |