Buy EUR/USD – 30M – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.15770532 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.15955 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.16073
2nd High 1.15969
Next High 1.15955
Current Price 1.15785
Next Low 1.15654
2nd Low 1.15112
3rd Low 1.1511

1.15955 – 1.15855 – 1.15299 – 1.15654 – 1.15112 – 1.1511 —
1.15767 – 1.15798 —
48.246131508959 – 36.468951855898 —
– —
1.15955 – 1764144000

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