EUR/USD – 1H – BUYThe currency pair Euro/US Dollar (EUR/USD) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.1996 is certain.
Caution: A possible reversal of the trend in the direction of the support line at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.20821 |
| Next High | 1.1996 |
| Current Price | 1.19372 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.1996 – 1.20821 – 1.19065 – 1.19057 – 1.18952 – 1.185 —
1.19685 – 1.19347 —
52.812018575128 – 40.432363969609 —
– —
1.19960 – 1769677200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –