The pair Euro/US Dollar (EUR/USD) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 1.15891 will persist.
Caution: A possible change in the direction of the support level at 1.15567 could occur.
Consider stop-loss settings accordingly.
Then a ‘MACD Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1644 |
| 2nd High | 1.15894 |
| Next High | 1.15891 |
| Current Price | 1.16084 |
| Next Low | 1.15567 |
| 2nd Low | 1.15025 |
| 3rd Low | 1.14994 |
1.15891 – 1.15894 – 1.15551 – 1.15567 – 1.15025 – 1.15253 —
1.15761 – 1.15928 —
52.423343374149 – 65.163687356264 —
– —
1.15891 – 1781265600
Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –