EUR/USD – 1H – BUY

The combination Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.

An ascent upwards to the next resistance at 1.1621 is likely expected.

Caution: A possible change in the direction of support at 1.15069 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

And also a ‘Bullish Belt Hold’ chart pattern is found. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.1621 – 1.16209 – 1.1647 – 1.15069 – 1.15584 – 1.15298 —
1.15687 – 1.15875 —
45.148098500154 – 53.921751235623 —
– —
1.1621 – 1772827200

Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Belt Hold – – – – – – – – –