EUR/USD – 30M – BUY

The currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline upwards

An ascent up to the next resistance at 1.1606 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 1.15786 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.

In addition a ‘RSI Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.1606 – 1.16145 – 1.16243 – 1.15816 – 1.15946 – 1.16058 —
1.15994 – 1.15909 —
46.862515886059 – 41.822509062675 —
– —
1.16060 – 1763460000

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – –