EUR/USD – 1H – BUY

The currency pair Euro/US Dollar (EUR/USD) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance line at 1.16569 is considered certain.

Caution: A possible change in the direction of the support level at 1.16147 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.16569 – 1.16716 – 1.16715 – 1.16147 – 1.1616 – 1.16276 —
1.16945 – 1.16918 —
77.75600768259 – 62.314760725049 —
– —
1.16569 – 1765278000

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