Buy EUR/USD – 30M – BUY

The combination Euro/US Dollar (EUR/USD) goes from the bearish trendline up.

An ascent upwards to the next resistance line at 1.14184 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.13698 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which 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’ going up is 52% (Bull Market) & 51% (Bear Market).

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Support & Resistance Price Range*
3rd High 1.14395
2nd High 1.14246
Next High 1.14184
Current Price 1.13780
Next Low 1.13698
2nd Low 1.13291
3rd Low 1.13153

1.14184 – 1.14246 – 1.13805 – 1.13757 – 1.13698 – 1.13737

Download EUR/USD Signal Image

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