EUR/USD – 4H – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 1.18285 will continue.
Caution: A possible trend reversal in the direction of the support zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.19282 |
| 2nd High | 1.18343 |
| Next High | 1.18285 |
| Current Price | 1.18188 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.18285 – 1.18343 – 1.19282 – 1.17656 – 1.17416 – 1.18326 —
1.18218 – 1.18078 —
49.6707137993 – 48.652344728908 —
– —
1.18285 – 1772064000
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –