EUR/USD – 1H – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 1.18214 will continue.
Caution: A possible counter-trend in the direction of support at 1.17799 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19543 |
| 2nd High | 1.18377 |
| Next High | 1.18214 |
| Current Price | 1.17979 |
| Next Low | 1.17799 |
| 2nd Low | 1.17797 |
| 3rd Low | 1.17756 |
1.18214 – 1.18377 – 1.18241 – 1.17799 – 1.17901 – 1.17797 —
1.17943 – 1.17900 —
40.533707649035 – 47.067995322271 —
– —
1.18214 – 1770307200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –