EUR/USD – 1H – BUYThe combination Euro/US Dollar (EUR/USD) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 1.20821 is expected.
Caution: A possible trend reversal in the direction of support at could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.20821 |
| Current Price | 1.19699 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.20821 – 1.19065 – 1.18972 – 1.18952 – 1.185 – 1.18345 —
1.19932 – 1.19619 —
55.548272268829 – 48.943134801013 —
– —
1.20821 – 1769551200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –