The combination Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 1.18214 will continue.
Caution: A possible change in the direction of the support line at 1.17651 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18709 |
| 2nd High | 1.18377 |
| Next High | 1.18214 |
| Current Price | 1.17919 |
| Next Low | 1.17651 |
| 2nd Low | 1.17279 |
| 3rd Low | 1.16837 |
1.18214 – 1.18083 – 1.18078 – 1.17651 – 1.17814 – 1.17799 —
1.17899 – 1.17964 —
52.612010611735 – 50.626541727289 —
– —
1.18214 – 1770307200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –