EUR/USD – 1H – BUY

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

A bullish movement up to the next resistance at 1.16773 is certain.

Caution: A possible counter-trend in the direction of the support zone at should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

1.16773 – 1.1698 – 1.16604 – 1.16337 – 1.16178 – 1.16423 —
1.16497 – 1.16593 —
48.151036002922 – 49.084324003373 —
– —
1.16773 – 1768316400

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