The currency pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 1.14518 is likely expected.
Caution: A possible change in the direction of support at 1.14341 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1482 |
| 2nd High | 1.14759 |
| Next High | 1.14518 |
| Current Price | 1.14394 |
| Next Low | 1.14341 |
| 2nd Low | 1.14308 |
| 3rd Low | 1.14057 |
1.14518 – 1.14478 – 1.14759 – 1.14341 – 1.14308 – 1.14597 —
1.14400 – 1.14364 —
37.111931874386 – 48.588792432895 —
– —
1.14518 – 1784280600
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –