The pair Euro/US Dollar (EUR/USD) goes from the bearish trendline upwards
A bullish ascent up to the next resistance line at 1.18487 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.16801 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.187 |
| 2nd High | 1.18571 |
| Next High | 1.18487 |
| Current Price | 1.17563 |
| Next Low | 1.16801 |
| 2nd Low | 1.16776 |
| 3rd Low | 1.16637 |
1.18487 – 1.17874 – 1.18235 – 1.17717 – 1.17666 – 1.17716 —
1.17414 – 1.17565 —
22.748933838476 – 41.325352132067 —
– —
1.18487 – 1776441600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –