The currency pair Euro/US Dollar (EUR/USD) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.15894 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16448 |
| 2nd High | 1.1644 |
| Next High | 1.15894 |
| Current Price | 1.15757 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.15894 – 1.15551 – 1.15557 – 1.15025 – 1.15253 – 1.15341 —
1.15748 – 1.15730 —
58.844066609339 – 47.674154233375 —
– —
1.15894 – 1781217000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –