Buy EUR/USD – 1H – BUY

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

A bullish trend up to the next resistance level at 1.18071 will continue.

Caution: A possible trend reversal in the direction of the support zone at 1.17416 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.

Support & Resistance Price Range*
3rd High 1.18571
2nd High 1.18481
Next High 1.18071
Current Price 1.17877
Next Low 1.17416
2nd Low 1.16699
3rd Low 1.15766

1.18071 – 1.18481 – 1.18571 – 1.17416 – 1.17815 – 1.18045 —
1.17563 – 1.17819 —
35.706736407552 – 50.608741729085 —
– —
1.18071 – 1771498800

Trading Signals:

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