Buy EUR/USD – 1H – BUY

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.17428134 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 1.17796 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Eine Korrektur des großen bärigen Trends brach durch das Fibonacci 0.5-Level.Eine Fortsetzung des aktuell aufsteigenden Trends wird wahrscheinlich erwartet. Ziel des derzeitigen Trends ist 1.17428134 am Fibonacci Level 0.79-Level. Vorsicht: Eine Umkehr des Trends in Richtung der Widerstand-Zone bei 1.17796 ist im Bereich des Möglichen.
Stop-Loss Einstellungen entsprechend berücksichtigen.

The combination Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance level at 1.17796 will continue.

Caution: A possible counter-trend in the direction of the support level at 1.1682 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Die Kombination Euro/US Dollar (EUR/USD) bricht durch die absteigende Trendline aufwärts

Ein Aufstieg nach oben zur nächsten Widerstandslinie bei 1.17796 gilt als sicher.

Vorsicht: Eine Umkehr des Trends in Richtung des Unterstützungslevels bei 1.1682 könnte eintreten.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.

The combination Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards

An ascending movement up to the next resistance at 1.17796 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.1682 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 1.17428134 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.17796 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.18098
2nd High 1.17871
Next High 1.17796
Current Price 1.17390
Next Low 1.1682
2nd Low 1.16297
3rd Low 1.16077

1.17303 – 1.17796 – 1.17591 – 1.1682 – 1.16297 – 1.16077 — 59.547851247703 – 69.017833675036 — 35.519673720456 – 68.853007053789 – 16.044508777827 – 35.519673720456

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