The combination breaks through the descending trendline upwards
An ascent up to the next resistance line at 1.27148 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.26593 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28070 |
| 2nd High | 1.27629 |
| Next High | 1.27148 |
| Current Price | 1.26960 |
| Next Low | 1.26593 |
| 2nd Low | 1.26569 |
| 3rd Low | 1.26448 |