What Are Trend Lines?

Trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance,
depending on the direction of the trend. These trend lines can help us to identify potential areas of increased supply and demand,
which can cause the market to move down or up respectively.

Let’s take a look at a trend line that was drawn during an uptrend.

Notice how in the GBPUSD chart above, the market touched off of trend line support several times over an extended period of time.
This trend line represented an area of support where traders can begin to look for buying opportunities.

Now let’s take a look at a trend line that was drawn during a downtrend.

Notice how in the AUDNZD chart above, the market touched off of our trend line several times over an extended period of time.
The difference is that the trend line above represents a downtrend, during which time it acts as resistance, giving traders an opportunity to look for selling opportunities.

Learn How to Determine the Strength of a Trend

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📆 Signal Published ::::::: 21/8/2025

✅ Symbol ::::::: EURUSD

📈BUY AREA ➡️ 1.1600

💠 Take Profit 1 : 1.1635
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Today Economic Calendar GMT
High volatility expected on USD pairs
Medium volatility expected on GBP and CAD pairs

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