EUR/USD – 1H – BUY

The currency pair Euro/US Dollar (EUR/USD) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 1.18076 is expected.

Caution: A possible trend reversal in the direction of the support level at 1.17706 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

1.18076 – 1.18343 – 1.18071 – 1.17706 – 1.17656 – 1.17676 —
1.17897 – 1.18082 —
42.66494259983 – 59.89000811338 —
– —
1.18076 – 1772010000

Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –