EUR/USD – 30M – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 1.1689 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.16609 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17201 |
| 2nd High | 1.17092 |
| Next High | 1.1689 |
| Current Price | 1.16869 |
| Next Low | 1.16609 |
| 2nd Low | 1.165 |
| 3rd Low | 1.16429 |
1.1689 – 1.17092 – 1.17201 – 1.16609 – 1.1677 – 1.16936 —
1.16696 – 1.16809 —
34.659013272598 – 56.681866800013 —
– —
1.1689 – 1777518000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –