EUR/USD – 4H – BUYThe combination Euro/US Dollar (EUR/USD) jumps from the bearish trendline up.
A bullish trend upwards to the next resistance at 1.1698 is considered certain.
Caution: A possible change in the direction of the support line at 1.15549 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18196 |
| 2nd High | 1.18077 |
| Next High | 1.1698 |
| Current Price | 1.16274 |
| Next Low | 1.15549 |
| 2nd Low | 1.14908 |
| 3rd Low | 1.14682 |
1.1698 – 1.18077 – 1.18037 – 1.16178 – 1.16586 – 1.17025 —
1.16099 – 1.16372 —
31.911951805567 – 48.757557933805 —
– —
1.16980 – 1768219200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –