EUR/USD – 4H – BUYThe combination Euro/US Dollar (EUR/USD) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.04366 will persist.
Caution: A possible change in the direction of the support level at 1.02729 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.03789 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 1.04366 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05340 |
| 2nd High | 1.04580 |
| Next High | 1.04366 |
| Current Price | 1.03053 |
| Next Low | 1.02729 |
| 2nd Low | 1.02238 |
| 3rd Low |