The currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 1.15955 is considered certain.
Caution: A possible counter-trend in the direction of support at 1.15467 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16073 |
| 2nd High | 1.15969 |
| Next High | 1.15955 |
| Current Price | 1.15925 |
| Next Low | 1.15467 |
| 2nd Low | 1.15112 |
| 3rd Low | 1.14908 |
1.15955 – 1.15501 – 1.15522 – 1.15467 – 1.15112 – 1.14908 —
1.16018 – 1.16050 —
64.960632805556 – 52.778750283826 —
– —
1.15955 – 1764144000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –