EUR/USD – 1H – BUYThere is also a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.
There is also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.17115 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.17425 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17644 |
| 2nd High | 1.17541 |
| Next High | 1.17425 |
| Current Price | 1.16880 |
| Next Low | 1.16834 |
| 2nd Low | 1.16586 |
| 3rd Low | 1.16147 |
1.17425 – 1.17541 – 1.17644 – 1.16834 – 1.16586 – 1.17129 —
1.17003 – 1.16870 —
45.500884250462 – 41.245739949678 —
– —
1.17425 – 1767690000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –