EUR/USD – 1H – BUY
The currency pair breaks through the descending trendline up.
A bullish trend up to the next resistance level at 1.11669 will persist.
Caution: A possible reversal of the trend in the direction of support at 1.11032 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.11887 |
2nd High | 1.11816 |
Next High | 1.11669 |
Current Price | 1.11660 |
Next Low | 1.11032 |
2nd Low | 1.10830 |
3rd Low | 1.10684 |