EUR/USD – 1H – BUY

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

The bullish trend upwards to the next resistance level at 1.18285 is certain.

Caution: A possible trend reversal in the direction of the support level at could happen.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

Then a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.

Then a ‘MACD Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.18180868 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 1.18285 could happen.
Consider stop-loss settings accordingly.

1.18285 – 1.18076 – 1.18343 – 1.17735 – 1.17706 – 1.17656 —
1.17869 – 1.18020 —
39.903451971938 – 44.140396180564 —
– —
1.18285 – 1772074800

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