EUR/USD – 1H – BUYThe pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 1.14362 is certain.
Caution: A possible trend reversal in the direction of the support zone at 1.1382 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.14802 |
| 2nd High | 1.14388 |
| Next High | 1.14362 |
| Current Price | 1.14335 |
| Next Low | 1.1382 |
| 2nd Low | 1.13791 |
| 3rd Low | 1.13538 |
1.14114 – 1.14362 – 1.14302 – 1.1382 – 1.13791 – 1.13538 —
1.14143 – 1.14365 —
56.277676430312 – 60.258463956665 —
– —
1.14114 – 1782921600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –